GTA Market Update January 2023

Thursday Feb 9th, 2023

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What's going on in the GTA market? Here are the latest market stats for December 2022. ⁣ ⁣ Toronto Regional Real Estate Board reports: "The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada.⁣ ⁣ The average selling price for 2022 was $1,189,850 3 up 8.6 per cent... [read more]

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