New listings ↓~18% in Toronto as analysts cite sellers waiting out falling prices.
Toronto sales ↓~6% to ~4K, while new listings fell faster.
Prices kept sliding: Toronto avg. ~$1M, yearly ↓~7%.
Sales have fallen yearly for 5 straight mo; boards expect continued chill, though fewer listings could boost competition.
Toronto condos lagged: sales ↓~12%, prices ↓~9%; recovery may take years.
Is moving from Toronto to Vancouver actually more expensive for homeowners?
Moving from the GTA to Langley, BC, may increase monthly non-recoverable expenses by about 10-20%. Groceries and dining out cost more in BC, with grocery bills rising around 10%. Utilities are cheaper due to lower...
