The Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower. TRREB president Jennifer Pearce predicts the Bank of Canada’s third consecutive rate cut announced Wednesday will lead to an uptick in activity from first-time buyers, including in the condo market. Anne Gaviola has this story and more in Business Matters for Thursday September 4, 2024.
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Business Matters: Toronto-area home sales decline in August but rate cut could spur activity
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