Here's a big sign Toronto's real estate market is in trouble right now despite confident outlooks

  • 📰 blogTO
  • ⏱ Reading Time:
  • 15 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 58%
  • Publisher: 63%

Toronto أخبار

Real,Estate,Housing

Real estate brokers have a vested interest in hyping up Toronto's housing market, but despite their assurances that a significant rebound is on the w…

Sales volumes are creeping up in line with the busier fall season and are, for the first time in many months, However, other data points indicate continued trouble: active and new listings are still up double-digit percentages from the same time last year, and this larger spate of homes isIn September, across the Greater Toronto Area, there were 204 power-of-sale listings, more than double the 96 reported in September 2023, an increase of 112% year over year and more than triple pre...

Reality check: the astronomical cost of GTA real estate can no longer be supported by the Canadian economy. The real estate alone is suffocating a nation and its people. It’s time for us to say no to overvalued real estate and let the bubble burst. Raise your hand if you agree.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 44. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين