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Toronto home sales drop 16% in 2018 in new reality of higher rates and stricter mortgage rules

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Prices fall 4.3%

 

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Greater Toronto home sales drop 16 per cent in 2018, fewer houses listed: TREBThe number of homes sold in Toronto and the surrounding area fell in 2018, along with the number of new listings hitting the market, as homebuyers and sellers grappled with a new reality of higher interest rates and stricter mortgage rules. Toronto sucks 🤷
Source: CP24 - 🏆 30. / 67 Read more »