Toronto home prices fall for third straight month in August

Toronto home prices fell 3.1% in August, the third straight monthly decline.
The number of home sales was up slightly, by 0.9% in August.
The average home price is down 18.9% from the February 2022 peak.
New listings jumped 16.2% year-over-year in August.
The declines are attributed to higher borrowing costs and economic uncertainty.

reuters.com

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