Toronto Real Estate Market Report

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Justine discusses the Toronto Housing Market on BNN

As of August 31, 2016, if no more properties came onto the Toronto housing market, it would only take just over a month to deplete the available supply. That’s according to a new report by Chestnut Park Real Estate. BNN speaks with a broker for the company, Justine Deluce.

 

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Toronto Real Estate Market Report

The real surprise in October was that the Toronto and area market place was more buoyant than expected, especially with a further interest rate hike during the month coming from The Bank of Canada. After being at 0.5 percent for two years, the Bank’s rate has jumped to 1.75 percent in the last 18 months with the latest increase in October.

Toronto Real Estate Market Update
June 2018