November sales ↓ 15.8% YoY to 5,010 units
Avg. price still > $1M, but ↓ 6.4% YoY
New listings ↓ 4%, active inventory ↑ 16.8%
Condo sales ↓ 21.7% across GTA; all property types down
Strong jobs data may revive optimism, but market recovery needs clearer long-term certainty.
GTA Homes More Affordable as Prices Dip Below $1M
In August, we saw GTA home sales dip by 2.1% compared to last year, with 5,057 properties changing hands. Average prices edged down by 2.7% to just under $1 million ($993,410), and benchmark prices slipped...