Lack of affordability and uncertainty remained issues for many would-be home buyers in the Greater Toronto Area (GTA) in October 2023. As a result, sales edged lower compared to last year. However, selling prices remained higher than last year’s levels. The October 2023 MLS® Home Price Index Composite benchmark and the average selling price were both up on year- over-year basis, by 1.4 per cent and 3.5 per cent respectively.
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