The Business Times

Property

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Property

SUBSCRIBERS

Toronto April home price gains slow, new listings increase

Data indicates the market may be cooling after the Ontario government imposed new measures to curb runaway gains

Published Fri, May 5, 2017 · 09:50 PM
Share this article.

Toronto

TORONTO home price gains slowed in April and new listings soared the most in seven years, signalling that the red-hot market may be cooling after the Ontario government imposed new measures to curb runaway gains in Canada's biggest city.

Housing prices jumped 25 per cent last month from a year earlier, down from the 33 per cent annual increase in March. The average price of C$920,791 (S$939,311) in April was just 0.5 per cent higher than in March, …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here