Breadcrumb Trail Links Real EstateReview of June sales in Toronto and Vancouver reveals a tale of cautious buyers and eager sellers
Published Jul 09, 2024 • Last updated 14 hours ago • 3 minute read
You can save this article by registering for Top World News Today free here. Or sign-in if you have an account. (Image: https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2024/07/Vancouver-Home-Sales-gs0709.png?quality=90&strip=all&w=288&h=216&sig=2nrQLburY2kVeaIB0_aNEA)Greater Vancouver recorded 2,418 sales in June, almost 19 per cent lower than the same month last year, as a similar trend played out in Toronto. Photo by Jonathan Hayward /The Canadian PressArticle content By Murtaza Haider and Stephen Moranis June sales data from Toronto and Vancouver, two of Canada’s most dynamic housing markets, indicate a struggle with sales and prices.
Traditionally, Top World News Today early summer is a period of robust activity in housing markets. This year, however, prospective homebuyers remain cautious and hesitant, while sellers are flooding the market with new listings.
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