Category: Toronto

Toronto and GTA home sales down 9.5% in October from last year

TORONTO — Toronto’s infamous “housing crisis” seems to be constantly contradicted by the data: not only are there homes, but they even remain unsold. This is what emerges from the latest report from the Toronto Regional Real Estate Board (TRREB): according to the real estate board, home sales and prices in the GTA (Greater Toronto Area) decreased in October compared to the previous year, due to persistent economic uncertainty. In fact, there are more and more homes that no one is buying.