Toronto Real Estate Prices Slip Lower, But The Size Of Losses Shrink –

AUGUST 3, 2018
Toronto real estate showed signs of improvement from last year, but that doesn’t exactly say much. Toronto Real Estate Board (TREB) numbers show sales improved in July, printing a huge jump. Last year’s numbers were hampered by policy changes, so it isn’t the great news it appears. Despite showing big gains, most numbers indicate it was the second worst July in years.

Toronto Real Estate Prices Drop From Last Month
The price of a typical home fell on a monthly basis. TREB reported a benchmark price of $768,400 in July, down $3,700 from the month before. In the City of Toronto the benchmark fell to $838,900, down $1,300 from June. The monthly change had varying impacts on the annual price change.

Greater Toronto Benchmark Price
The price of a “typical” composite home across Greater Toronto.  Click here to read full article posted on

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