The first long weekend of summer is just around the corner. Canada Day is only a few days away and if you’re looking for a fun event over the long weekend be sure to check out the celebrations at the Harbourfront Centre, including a performance by the TSO!
The Toronto Real Estate Board has released the May numbers, showing continued trends: more listings and fewer sales compared to last year. Prices are slightly down overall, except for townhouses. Buyers looking for more space may find good opportunities.
The Bank of Canada has reduced the key interest rate by 0.25%. While this might not immediately impact the market, it should boost buyer confidence that rates have peaked and are declining.
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