As of the end of November, the Toronto Region Real Estate Board had reported 23,128 rental gross sales in 2023 — a forty four per cent decline from the same period in 2021. “If you feel that these costs are really too excessive and that they will come down, regardless of how motivated you’re to buy a house, you’ll have a bent to attend and see,” he stated. “It’ll flip around ultimately, but proper now I suppose that buyer sentiment is entrenched.” Butler says “buyer sentiment” could have a significant influence on prices in 2024. TD economist Rishi Sondhi predicts…
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