New Home Sales in GTA Are Below 10-Year Avg in Late-Q2

New home sales in GTA ↑ by 32% yearly in June, however, the sales were still 30% below the 10-yr avg.
The rise in interest rates has caused some potential home buyers to delay their purchasing decisions, leading to a decrease in sales.Condo apartment sales in June ↑ 11% yearly, but were still 21% below the 10-yr avg.


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