GTA Real Estate Market Sales Decline With Increase in Housing Mortgage Interest Rates in April 2022
Wednesday May 11th, 2022
ShareGTA Real Estate Market Sales Decline With Increase in Housing Mortgage Interest Rates in April 2022 The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. As has been the case with previous rate tightening cycles, some home buyers have moved to the sidelines to determine how they will reposition themselves in the marketplace given the higher rate environment and related impact... [read more]
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