Sales of new GTA homes sluggish in June as market slowed by interest rate hikes

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Sales of new GTA homes sluggish in June as market slowed by interest rate hikes
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Sales of new homes in the GTA slumped in June as interest rate hikes continue to impact the market, according to new numbers from the Building Industry and Land Development Association.

Sales of new homes in the GTA slumped in June as interest rate hikes continue to impact the market, according to new numbers from the Building Industry and Land Development Association .

There were 2,526 new-home sales last month, up 32 per cent from June 2022, but about 30 per cent below the 10-year average. × Already a Subscriber? Sign in You are logged in Switch accounts kAm“x E9:?2C2C365 282:?[” D2:5 s2G6 (:=5 G:D:3=6\=8 :?pCE:4=6{6256C3@2C5 25$:K:?8{6256C3@2C5 9:556?\AC:?EQm p#%xr{t r~}%x}&t$ qt{~( k5:G 4=2DDlQE?E\25D\4@?E2:?6C E6IE\46?E6C Q m k5:G :5lQ2CE:4=6\:?DE@CJ\=6256C3@2C5\aQ 4=2DDlQE?E\25D 57A\25Q 52E2\=2KJlQECF6Q 52E2\C67C6D9lQECF6Q m kD4C:AEm 8@@8=6E28]4>5]AFD9W7F?4E:@?WX L 8@@8=6E28]5:DA=2JWV2CE:4=6\:?DE@CJ\=6256C3@2C5\aVXj NXj k^D4C:AEm k^5:Gm k^5:Gmk^5:Gm k5:G...

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