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    Ken H Huang


    Re/Max Realtron Realty Inc., Brokerage

    Right Choice = Better Life

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    Friday Sep 8th, 2023 Share

    GTA REALTORS® Release August 2023 Stats

    Higher borrowing costs, continued uncertainty about the economy and Bank of Canada decision making, and the constrained supply of listings resulted in fewer home sales in August 2023 compared to August 2022. The average selling price remained virtually unchanged over the same period. On a seasonally adjusted monthly basis, sales and average price edged lower. “Looking forward, we know there will be solid demand for housing – both ownership and rental – in the Greater...

    Thursday Aug 3rd, 2023 Share

    GTA REALTORS® Release July 2023 Stats

    Greater Toronto Area (GTA) home sales, new listings and home prices were up in July 2023 in comparison to July 2022. On a seasonally adjusted basis, the market experienced more balance in July compared to June, with sales trending lower while new listings were up. “Home sales continued to be above last year’s levels in July, which suggests that many households have adjusted to higher borrowing costs. With that being said, it does appear that the sales momentum that we experienced...

    Thursday Jul 6th, 2023 Share

    GTA REALTORS® Release June 2023 Stats

    Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. The seasonally adjusted average selling price and the MLS® Home Price Index (HPI) Composite benchmark were up compared to the previous month. “The demand for ownership housing is stronger than last year, despite higher borrowing costs. With this said, home sales were hampered last month by...
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