The Toronto Regional Real Estate Board (TRREB) released its Greater Toronto Area (GTA) market statistics for August showing that the average price for all dwelling types combined in Brampton had fallen for a third-straight month, wiping out almost all the price gains seen during the first half of the year. Prices had peaked in January 2022 and since then had been on a roller-coaster ride due to the Bank of Canada (BoC) raising its overnight lending rate. Prices had risen between December to June, however, this trend has reversed due to the BoC's decision to start raising its benchmark rate again in June in
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