Newly built home prices slip for a second month in GTA as homebuyers hit the brakes - Toronto Star

Sales of new single family homes have dropped by nearly half from April of last year, says the homebuilders’ association.

Rising interest rates and soaring inflation prompted new construction homebuyers in the Toronto region to press the pause button in April. With the benchmark price of a new single-family home fallin… [+3520 chars]

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