Canadian Real Estate Market Stable, But Toronto Condos Struggle

Thursday Aug 22nd, 2024

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BMO Capital Markets reports a 4.8% year-over-year growth in Canadian real estate sales for July, although overall activity remains 5% below 2019 levels.

Inventory is on the rise, especially in Toronto, where a condo supply glut has contributed to a 4.2% decline in home prices compared to last year.

 

 

 

Alla Poltavski West End Toronto agent .

I am always happy to explain the buying and selling of real estate in more detail and consult you on any real estate-related questions.

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Tags: market news

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