Lower condo sales and higher inventory should relieve some of the pricing pressure in Vancouver, right? Not according to numbers published by the Real Estate Board of Greater Vancouver.
Toronto condo prices are still climbing at the same pace as last year, despite a huge drop in sales, and inventory climbing back to historic levels.
Toronto detached real estate is seeing demand decline, almost as quickly as it rose last year. Toronto Real Estate Board (TREB) numbers for February show prices are falling. The price movement is expected, as higher inventory levels meet declining sales. Benchmark Prices Vary From A 9% Gain, To Declines Over 10% The prices of a […]
Vancouver real estate is cooling, but not in the condo segment. Prices just printed an all-time high, even though inventory grew faster than sales.
Toronto condos might be the best performing segment of the city’s real estate, but a decline in sales combined with a rise of inventory might have started dragging price growth.
Toronto real estate’s wacky roller coaster is extending to the rental market, where the average lease rate is taking a breather after jumping double digits.
Toronto’s detached real estate is seeing prices drop for a 7th month in a row, as sales continue to decline, and inventory soars.
Toronto real estate saw prices decline for a seventh consecutive month, as sales continued to slide and inventory climbs.
Toronto real estate is seeing lower prices, less sales, and more inventory for detached homes across the city.
Toronto real estate is seeing price growth taper quickly, but condos just broke the downtrend. Is this the start of a reversal?