SUBSCRIBERS

Toronto leads Canada's biggest home price fall since 2008 recession

Published Wed, Aug 16, 2017 · 09:50 PM

Ottawa

CANADA'S benchmark home price fell by the most in nearly a decade last month as Toronto led a fourth-straight decline in sales.

The nationwide benchmark home price declined 1.5 per cent to C$607,100 (S$652,339) from June, the Canadian Real Estate Association said on Tuesday, the largest drop since the previous recession.

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