Toronto Home Prices Halt Slide as Buyers Start to Show Interest
Toronto home prices ticked up after five straight months of declines as Canada-US trade tensions eased and valuations at their lowest point in four years began to tempt buyers.
The benchmark price of a home in Canada’s largest city climbed 0.1% in May from April, reaching C$992,800 ($723,800), according to seasonally adjusted data released Wednesday by the Toronto Regional Real Estate Board.