October Market Watch
Annual sales growth has been positive since late Spring. While the OSFI mortgage stress test and higher borrowing costs have kept sales below 2016’s record pace, many households in the Greater Toronto Area remain upbeat on home ownership as a quality long-term investment. A strong regional economy and steady population growth will continue to support the demand for housing ownership as we move into 2019,” said TREB President Garry Bhaura.
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