GTA home sales drop 7.1 per cent in September as higher rates bite

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GTA home sales drop 7.1 per cent in September as higher rates bite
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Greater Toronto home sales slid 7.1 per cent last month compared with September 2022, with sales of semi-detached houses and townhouses particularly declining from last year.

The Toronto Regional Real Estate Board says last month's 4,642 home sales also marked a 12.1 per cent month-over-month decline from August.

New listings surged 44.1 per cent to 16,258 in September compared with extremely low levels in September 2022, as the number of listings also trended upward on a month-over-month basis. Staff, patients and visitors at Cambridge Memorial Hospital were evacuated Tuesday afternoon after a fire broke out on the roof.Police canvass Kitchener neighbourhood for homicide investigation

Two Ottawa doctors says they were shocked to see their bios on the South Keys Health Centre website, despite never working there or having any contact with the walk-in clinic.There is debate in Manotick, centred around a redevelopment that, if approved, could land a Starbucks with a drive-thru on the village's Main Street.

Nova Scotia’s top doctor is encouraging residents to get their vaccinations up-to-date as the province heads into respiratory virus season.Parks Canada reveals additional details about deadly bear attack in Banff

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Greater Toronto home sales drop 7.1 per cent in September as higher rates biteGreater Toronto home sales drop 7.1 per cent in September as higher rates biteTORONTO — Greater Toronto home sales slid 7.1 per cent last month compared with September 2022, with sales of semi-detached houses and townhouses particularly declining from last year.
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Greater Toronto home sales drop 7.1 per cent in September as higher rates biteGreater Toronto home sales drop 7.1 per cent in September as higher rates biteTORONTO — Greater Toronto home sales slid 7.1 per cent last month compared with September 2022, with sales of semi-detached houses and townhouses particularly declining from last year. The Toronto Regional Real Estate Board says last month's 4,642 home sales also marked a 12.1 per cent month-over-month decline from August. The board attributes the downward trend to the impact of high borrowing costs, high inflation, uncertainty surrounding future Bank of Canada decisions and slower economic grow
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Toronto home prices rebound in September, sales hit 8-month lowToronto home prices rebound in September, sales hit 8-month lowBy Fergal Smith TORONTO (Reuters) - Greater Toronto Area (GTA) home prices rose in September for the first time in four months, as the Bank of Canada ...
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Toronto home prices rebound in September, sales hit 8-month lowToronto home prices rebound in September, sales hit 8-month lowGreater Toronto Area (GTA) home prices rose in September for the first time in four months, as the Bank of Canada paused its interest rate hiking campaign, but the level of sales fell to the lowest since January. The average price of a GTA home rose 3.4% in September from August to C$1,119,428 ($816,623.87), the first increase since May, Toronto Regional Real Estate Board (TRREB) data showed on Wednesday. On a year-over-year basis, home prices were up 3%.
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