Toronto Monthly Real Estate Report

October 2022

In Review

Notwithstanding these incredible rate increases, which in turn have been reflected in rising mortgage interest rates, which currently range between 5.25 to 5.75 percent, there are aspects of the resale market that reflect its underlying strength and resilience. Although average sale prices are substantially lower than in February, over the last few months they have stabilized, and in fact are slowly rising.

Stay in the Know

Follow along with my monthly reports for the latest news. Join my Mailing List