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TRREB: More Interest Rate Cuts and a Trade Deal Would Further Improve Home Sales
3 Articles
3 Articles
TRREB: More Interest Rate Cuts and a Trade Deal Would Further Improve Home Sales
TORONTO, July 04, 2025 (GLOBE NEWSWIRE) -- Ownership housing affordability continued to improve in June 2025. Average selling prices and borrowing costs remained lower than last year's levels. However, despite some month-over-month momentum, many would-be homebuyers remained on the sidelines…
Stating that there was a significant increase in housing sales in the first half of 2025 compared to the same period last year, Real Estate Consultants Association President Hakan Akçam drew attention to the serious contraction on the production side.
TRREB: More Interest Rate Cuts and a Trade Deal Would Further Improve Home Sales – TRREB
Ownership housing affordability continued to improve in June 2025. Average selling prices and borrowing costs remained lower than last year’s levels. However, despite some month-over-month momentum, many would-be homebuyers remained on the sidelines due to economic uncertainty. “The GTA housing market continued to show signs of recovery in June. With more listings available, buyers are taking advantage of increased choice and negotiating discoun…
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