This is where home prices are still hot in Ontario

While successive interest rate hikes and broader global uncertainties have cooled the housing market, the demand for properties in some sought-after neighbourhoods in the Greater Toronto and Vancouver areas continues to hold steady and even increase, according to a new report.

From Q1 to Q2, Aurora was the best at -7.2 percent, while Stouffville was the worst at -22.3 per cent. Orangeville, the only district in Dufferin Country, saw a 26.47 per cent increase year over year and a decline of 12 per cent from Q1 to Q2. “The price softening was clearly more evident in suburban areas and the outer perimetres of the 416, most of which experiences strong upward momentum during the height of the pandemic as buyers sought to leave the city.”

“In Vancouver, for example, supply was lower this June than last in 50 per cent of markets and sales are down accordingly. This trend will likely keep prices fairly stable moving forward.”Data on unit sales saw a lot of variation year over year with detached home sales rising by 40 per cent in the GTA markets surveyed in the second quarter of 2022. The vast majority of increases happened in the 416 are code, the report indicated.

Caledon tops the list in Peel Region with a 37.7 per cent decrease, while Brampton is lowest at 42.1 per cent.

That’s a lie 🤨

Increasing prices based on what 😳

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Politics This Morning: House Foreign Affairs Committee cancels Russian gas turbine hearingPolitics This Morning: House Foreign Affairs Committee cancels Russian gas turbine hearing cdnpoli (subs)
Source: TheHillTimes - 🏆 11. / 79 Read more »

B.C. Lions’ ‘social’ studies: In-house media team having its own winning seasonClub’s social media team has starred behind the scenes in 2022 with popular videos and general outreach to fans.
Source: VancouverSun - 🏆 49. / 61 Read more »

House of PainT festival: Mischa makes a splash with songs of empowermentHouse of PainT is billing this year’s edition of the festival a “reunion” that will bring the various elements of hip hop culture in Ottawa together again…
Source: OttawaCitizen - 🏆 21. / 68 Read more »

TD picks Calgary to house its western Canadian wealth hubTD’s choice of Calgary to host its western Canadian wealth hub is being seen as a vote of confidence in the city’s business environment yyc yycbiz
Source: calgarysun - 🏆 63. / 52 Read more »

TD picks Calgary to house its western Canadian wealth hubTD’s choice of Calgary to host its western Canadian wealth hub is being seen as a vote of confidence in the city’s business environment yyc yycbiz nenshi No it ain't. Downtown's empty. Cheap rent. Albertans don't need 🟩TD It may also mean they already have a lot of office space available that they're already paying rent on, and it's cheap.
Source: calgaryherald - 🏆 64. / 52 Read more »

Murkowski advances in Alaska U.S. Senate race, Palin in HouseAlaska U.S. Sen. Lisa Murkowski and fellow Republican Kelly Tshibaka have advanced from Tuesday's primary, while Republican Sarah Palin, seeking a political comeback, was among the candidates advancing to the November general election in the race for Alaska's only House seat.
Source: CTVCalgary - 🏆 26. / 68 Read more »