Toronto home sales drop most since recession as new rules put brakes on market

Tuesday Jun 6th, 2017

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TORONTO HOME SALES DROP MOST SINCE RECESSION AS NEW RULES PUT BRAKES ON MARKET Garry Marr, National Post Image courtesty of: Laura Gangi Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3% in May from a year ago, while the average home price in the region fell about 6% from April, results based on the first full month of data following a major initiative by the Ontario government to cool Canada's biggest housing market.  The Toronto Real Estate... [read more]

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