17 December 2012

TREB blames new mortgage rules for declining home sales

GTA showed a 16% decline of resale home transactions in November
compared to the previous year. 5,793 homes changed hands last month,
while in November 2011 there were 6,908 sales.
In Toronto 2,308 transactions were reported which shows 28% decrease from the last year’s 2,952 sales…
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