Speaking of inventory, it’s not just new supply—a lack of sales is allowing inventory to accumulate. Active listings at month-end saw annual growth of 55.4% to 23,877 units in July. An unusually lofty number for the month—the most homes since 2008.
https://betterdwelling.com/toronto-real-estate-prices-fall-further-most-inventory-since-2008/
Speaking of inventory, it’s not just new supply—a lack of sales is allowing inventory to accumulate. Active listings at month-end saw annual growth of 55.4% to 23,877 units in July. An unusually lofty number for the month—the most homes since 2008. https://betterdwelling.com/toronto-real-estate-prices-fall-further-most-inventory-since-2008/
BETTERDWELLING.COM
Toronto Real Estate Prices Fall Further, Most Inventory Since 2008 - Better Dwelling
Swing and a miss—strike two for interest rates boosting Greater Toronto real estate demand. Toronto Regional Real Estate Board (TRREB) data shows home prices slipped lower in July. Despite a narrative of rapid population growth, demand remains historically weak as sellers appear in near record high volumes for the month, only to find one of […]
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