Toronto Real Estate Sales Second-Worst in a Decade: Media Celebrates
#torontorealestate #canadianrealestate #realestatebubble
Toronto’s real estate market saw the second worst September for sales in a decade, while the media celebrated surging numbers and the return of buyers. Meanwhile, UBS is warning of a potential real estate bubble in the GTA.
Links:
GTA REALTORS® Release September 2024 Stats:
https://trreb.ca/market-data/market-w...
Price drops and rising sales define Toronto’s housing market in September:
https://financialpost.com/real-estate...
TRREB: September Home Sales Improve Over Last Year:
https://financialpost.com/globe-newsw...
Home sales in Toronto surge 3.3% in September 2024:
https://realty.economictimes.indiatim...
Toronto home sales rose in September as buyers took advantage of lower rates, prices:
https://www.cp24.com/local/toronto/20...
Flood of new home listings hit Toronto market in Septemberr:
https://www.theglobeandmail.com/busin...
Posthaste: Toronto ranks fifth in the world for risks of real estate bubble:
https://financialpost.com/news/toront...
First-time homebuyers fear Ottawa’s new mortgage rules will drive up prices:
https://www.theglobeandmail.com/busin...
Mortgage and real estate industry hit the jackpot with this trio of announcements:
https://financialpost.com/real-estate...
The industry on federal government’s new mortgage measures: CREA, CHBA, TRREB, CMBA:
https://realestatemagazine.ca/industr...
Bank of Canada hikes rate to 5% as pandemic savings stymie inflation fight: https://financialpost.com/news/econom...
Real estate sector breathes sigh of relief after Bank of Canada holds rate at 5%:
https://financialpost.com/real-estate...
Bank of Canada cuts interest rate to 4.25%, leaves door open for larger cuts amid struggling economy:
https://www.thestar.com/business/bank...
Toronto home sales rose in September as buyers took advantage of lower rates, prices:
https://halifax.citynews.ca/2024/10/0...
Will the Bank of Canada's interest rate cut spur the housing market?:
https://financialpost.com/real-estate...
Would-be homebuyers are in limbo and only the Bank of Canada can free them:
https://financialpost.com/real-estate...
Global Real Estate Bubble Index 2024:
https://www.ubs.com/global/en/wealth-...
Canada’s Soft Growth to Encourage Deeper Rate Cuts:
https://www.wsj.com/articles/canadas-...
Investors continue to struggle in challenging Toronto condo market:
https://www.mpamag.com/ca/mortgage-in...
Canadian economy grew by 0.2% in July, falling behind Bank of Canada's forecast:
https://financialpost.com/news/econom...
Posthaste: How higher savings rate might not save Canadians from the mortgage cliff:
https://financialpost.com/news/higher...
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