Condo Sales Drop with New Listings Up in Q2 2024: TRREB
A view of the buildings on the Lake Ontario in Toronto, Canada.
As borrowing costs remained high in the second quarter of 2024, condominium apartment sales were down noticeably in comparison to the second quarter of last year, says a recent report by the Toronto Regional Real Estate Board (TRREB).
Over the same period, condo apartment listings were up, however, the average condo apartment selling price was down slightly year-over-year.
In the second quarter of 2024, condo apartment sales amounted to 5,474...
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