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.
Toronto board of trade urges Ontario to amend zoning and building code rules to spur housing growth
As someone dedicated to guiding clients through every aspect of real estate and home inspection, I pay close attention to the changes that affect our housing market. The Toronto Board of Trade is highlighting a...
