Low-rise condos are typically one to nine stories high and offer more units per floor when contrasted with high-rises.
Bank of Canada lowers key interest rate to 4.5%, delivering back-to-back cuts
Condo sales in June fell 29 per cent year-over-year according to the Toronto Regional Real Estate Board (TRREB).
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Downtown Toronto home prices varied by neighbourhood in June 2024, reflecting economic uncertainties and buyer caution. Discover the detailed performance in our latest analysis.
Developers in Ontario are offering unprecedented incentives like extended deposit structures and free amenities to boost home sales and manage high inventory levels in 2024.
It comes at a time when the Bank of Canada’s key rate drop has led to confusion for homeowners over mortgage rates.
The recent 0.25 percentage point rate cut by the Bank of Canada had little effect on the Toronto housing market. Experts now look to further rate cuts, improved economic stability, and government incentives to revive buyer interest.
Canada's home prices fell in May. Insiders watch for changes following a Bank of Canada rate cut, suggesting now might be an ideal time to invest in preconstruction projects.
Toronto's real estate market is evolving with new high-rise developments and initiatives aimed at increasing affordable housing, shaping a dynamic and inclusive urban future.
8300 Woodbine Ave #405
Markham, ON
L3R 9Y7
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