Greater Toronto’s affluent suburbs have returned to spiraling price declines. Oakville recently saw prices climb tens of thousands per month, but not last month. A typical home in Oakville fell a whopping 3.4% (-$50,000) in June, a big shift in sentiment.
https://betterdwelling.com/toronto-real-estate-prices-slow-suburbs-fall-as-much-as-50k-in-a-month/
Greater Toronto’s affluent suburbs have returned to spiraling price declines. Oakville recently saw prices climb tens of thousands per month, but not last month. A typical home in Oakville fell a whopping 3.4% (-$50,000) in June, a big shift in sentiment. https://betterdwelling.com/toronto-real-estate-prices-slow-suburbs-fall-as-much-as-50k-in-a-month/
BETTERDWELLING.COM
Toronto Real Estate Prices Slow, Suburbs Fall As Much As $50k In A Month - Better Dwelling
Greater Toronto real estate wasn’t looking as confident as it had been recently. TRREB data shows the price of a typical home (composite benchmark) climbed in June 2023. However, the increase was notably smaller than recent months, potentially indicating slowing momentum. At the same time, some affluent suburbs returned to falling prices—one dropping as much […]
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