Toronto Market Momentum Builds With 8.5% Sales Growth | MrHunter.ca

5,592 homes sold in September, ↑8.5% YoY; avg. price ↓4.7% to $1,059,377.
Composite benchmark price ↓5.5% YoY; avg. price ↑0.2% MoM from August.
New listings ↑3.9% YoY to 19,260; active listings ↑18.9% YoY to 29,394.
Semi-detached sales ↑11%, detached ↑9.6%, condos ↑7.2%, townhouses ↑4.4% YoY.
TRREB: More rate cuts could further boost sales and align payments with incomes.


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