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Toronto housing market cools in August amid rising borrowing costs: TRREB

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Home sales in the Toronto area declined on a year\u002Dover\u002Dyear basis in August while the average selling price remained flat. Read more.

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While the MLS Home Price Index and average prices inched up 2.5 per cent and less than a per cent, respectively, on a year-over-year basis, average prices declined slightly from July to $1,082,496, according to monthly data from the Toronto Regional Real Estate Board.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

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