Toronto house prices find bottom after sharp plunge

Thursday 14 June 2018

Toronto’s housing market appears to have stabilised after both prices and sales abruptly plunged.

The Teranet-National Bank House Price Index for May was released overnight, which shows that house prices in Toronto have begun to rebound after plunging 7.4% between July and December 2017:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.