TORONTO HOME SALES PLUNGE 37% IN JUNE

Jul 06, 2017

By Bob Komsic

Share on
Temperatures are rising while Toronto home sales are falling.
The Toronto Real Estate Board’s latest numbers show sales plunged 37% last month compared with a year ago and 22% below the average June for the past decade, even as listings rose 16%.
In its new forecast, TREB expects the lull will continue with single digit year-over-year price increases for the remainder of 2017.
The average price was nearly $794,000 – up over 6% from the same month last year.
Vancouver saw a similar lull after the B.C. government introduced a 15 % foreign buyers tax last summer.
Ontario introduced a similar tax among other measures in April.
Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: