Toronto Home Sales Down 41% from June 2021

Source: Global News, July 6, 2022

TORONTO — June sales of Toronto homes fell by just over 41 per cent compared with the same month last year as higher borrowing costs weighed on the market, the region’s real estate board said Wednesday.

About 6,474 homes changed hands last month, down from 11,053 during the prior June, the Toronto Regional Real Estate Board said. June sales were also down compared to May.

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