Toronto house prices recovering after sharp plunge

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By Leith van Onselen

Toronto’s housing market is showing further signs of life after both prices and sales abruptly plunged.

The Teranet-National Bank House Price Index for July was released overnight, which shows that house prices in Toronto are rebounding 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.