After the turbulent times on our housing market in June and July, things have calmed down a little. This is the brief summary of the August Toronto real estate board report. All the numbers confirm that the situation has stabilized and is much better than in the comparable period of last year.
Of course, there have been more positive economic news lately, and according to Jason Mercer, TREB’s Senior Manager of Market Analysis, the healthy development on the real estate market has played a key role, as home buyers spent their money also in other sectors, such as financial and legal services, moving, renovations or furniture. More details and statistics are to be found on our main website (article GTA real estate lessens the pace (a little!)).
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