Sales Continue to Decline. Buyers Returning to the Market. Support for Home Prices.
- GTA home sales in August were down 34.2% from last year, but up almost 15 per cent from July, as buyers returned to the market to take advantage of prices that eased from winter’s elevated levels.
- Compared to the previous 3 months, sales represented a higher share of new listings.
- If this trend continues in the months ahead, it could indicate some support for home sale prices.
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August 2022 vs. August 2021
August 2022 vs. July 2022
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