Toronto Home Sales Tick Higher as Borrowing Costs Decline
- Transactions rose by 0.6% in August as buyer demand recovers
- Home prices were little changed from a month earlier
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Toronto home sales rose slightly in August as lower rates pulled more buyers into the market.
Home transactions in Canada’s largest city were up 0.6% in August from a month earlier, according to seasonally adjusted data released Thursday by the Toronto Regional Real Estate Board.