November 2022 – TRREB Market Trend and Stats

INTEREST RATE HIKES DRIVE DOWN HOME SALES AND NEW LISTINGS IN NOVEMBER TRREB CALLS INCREASED BORROWING COSTS ‘SHORT-TERM SHOCK’ TORONTO, ONTARIO, December 6, 2022 – Homeownership market activity in November continued to be influenced by the impact of higher borrowing costs on affordability. Sales were down markedly compared to the ...