Our July 2023 market snapshot requires context. It was not an easy July for many listed properties in TO neighbourhoods. The busy pace of the Spring market did succumb to summer & back to back Bank of Canada interest rate increases in June & July.
In positive news, the average price of a detached home rose 16% year over year. Recovery from 2022 continues!
There may be some more bumps along the way, but we are here to navigate these turns with you.
As always, we’ve got you covered with a Sold Report that is a detailed & accurate picture of the real estate market in your NEIGHBOURHOOD
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