Toronto Home Prices Extend Their Slide Even as Sales Rebound
NegativeFinancial Markets

Toronto's housing market is experiencing a mixed bag as home sales saw an uptick last month, thanks to the Bank of Canada's interest-rate cuts. However, this positive trend is overshadowed by a continued decline in home prices, driven by an oversupply of listings that gives buyers more leverage in negotiations. This situation highlights the ongoing challenges in the real estate market, making it crucial for potential buyers and sellers to stay informed about these shifting dynamics.
— Curated by the World Pulse Now AI Editorial System