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Market Trend July 2018

Under Market Stats

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Written on August 9th, 2018

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The Toronto real estate market is showing signs of turning around as year-over-year resale home prices rose 4.8% and sales rose 18.6% in July, a second consecutive monthly increase. This lift in resale home price numbers may be an indication that buyers who were sitting on the sidelines for the first half the year may have re-entered the market. The expectation is to see a strong late summer/fall market in the Greater Toronto Area (GTA).

 

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