With over 20 years guiding families and investors through Toronto's real estate market, I’ve seen how shifts in borrowing costs can quickly influence both prices and activity. This September, Toronto home prices dipped 0.5% to $924,600, which is 4.7% lower than last year. We also saw home sales drop by 5.2%, and new listings fall 3.8%. Rising loan costs and broader economic uncertainty are clearly impacting both buyers and sellers. Whether you're considering your first home or weighing your next investment, understanding these trends is key to making confident decisions.
Continue to full article
Leave a Reply