GTA home sales down 16% in June despite Bank of Canada's rate cut: real estate board

The Toronto Regional Real Estate Board says home sales in June declined 16.4 per cent from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut.

Jul 4, 2024 - 18:55
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GTA home sales down 16% in June despite Bank of Canada's rate cut: real estate board
A for sale sign.

The Toronto Regional Real Estate Board says home sales in June declined 16.4 per cent from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut.

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