February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022, according to the Toronto Regional Real Estate Board. However, the number of new listings also dropped substantially year-over-year. The result was that the average selling price and MLS® HPI continued to level off after trending lower […]
The post Home Sales and New Listings Drop in February for Greater Toronto Area appeared first on Weekly Real Estate News.
The housing market is frozen, and affordability is unlikely to get better soon, experts told Insider. Activity has slowed thanks to high mortgage rates, which have pushed both buyers and sellers out of the market. […]
Existing home sales data was released this morning by the National Association of Realtors for the month of January. It was fairly close to forecasts, but nonetheless slid to the lowest levels since 2011 for […]
Home prices are steady, if relatively high in terms of historical home prices, and homeowners are staying in their homes longer than ever before. The result? American homeowners currently have more tappable home equity than […]
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