GTA Housing Market Prices Declined 9.2% While Real Estate Sales reduced by 48% in December 2022

Saturday Jan 7th, 2023

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December 2022 GTA Housing Report

GTA Housing Market Prices Declined 9.2% While Real Estate Sales reduced by 48% in December 2022   The Greater Toronto Area (GTA) housing market experienced a marked adjustment in 2022 compared to record levels in 2021. Existing affordability issues brought about by a lack of housing supply were exacerbated by sustained interest rate hikes by the Bank of Canada. “Following a very strong start to the year, home sales trended lower in the spring and summer of 2022, as... [read more]

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Manoj Arora

Manoj Arora

Broker of Record

ACE Team Realty Inc., Brokerage

Transforming Dreams into Realty!!

77 City Centre Drive, East Tower, Suite 501, Mississauga, Ontario, L5B 1M5

contact@manojarora.com

(416) 618-9753

(905) 488-3101
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