By Fergal Smith TORONTO (Reuters) - Greater Toronto Area (GTA) home prices rose in September for the first time in four months, as the Bank of Canada ...
Watch onTORONTO - Greater Toronto Area home prices rose in September for the first time in four months, as the Bank of Canada paused its interest rate hiking campaign, but the level of sales fell to the lowest since January.
On a year-over-year basis, home prices were up 3%. Still, they have fallen 16.1% from a peak hit in February 2022. "GTA home selling prices remain above the trough experienced early in the first quarter of 2023," Jason Mercer, TRREB chief market analyst, said in a statement.
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