Will Toronto’s Real Estate Prices Surge After the Recent Rate Cuts?

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In September, TRREB reported that Toronto real estate experienced its worst month in 24 years, with sales at their lowest since 2000 and inventory increasing.

The market has seen nearly two years of negative growth due to higher interest rates, impacting affordability and sales activity.

Do you think the recent and expected interest rate drops will lead to a rebound in Toronto real estate prices?

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