ontario housing market
Homes in Ontario are staying on the market for 0 days on average. In some rural areas a new-found escape for urbanites with remote-work set-ups home values grew by more than 50 per cent. Crea Updates Resale Housing Market Forecast This is a sharp shift from ultra-low. . Inflation If inflation rises there will be less consumer spending leading to an economic downturn economic instability and a possible recession. The average home sold price in the GTA was 1146254 for June 2022 representing an increase of 5 year-over-year. In the first three months of 2021 housing starts have topped 200000. The average sale price of a home in Ontario was 651K last month up 143 since last year. Now that red-hot market feels like a distant memory. However Ontario home prices are still 3 higher year-over-year. Canadas housing markets keep on cooling 7 July 2022 Housing Affordability A quarterly report pinpointing cross-country