Sep

Canada Home-Sales Rebound as Lower Toronto Prices Entice Buyers

Canadian home sales had their first increase in five months as tumbling prices in Toronto coaxed buyers back following government moves to cool the market in the nation’s largest city.

Toronto sales jumped 14.3 percent in August from July, leading a nationwide sales gain of 1.3 percent. Toronto activity remains 36 percent below a peak set in March, the month before the Ontario government brought in measures such as a foreign buyers tax, the Canadian Real Estate Association said Friday from Ottawa…

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Canada Home-Sales Rebound as Lower Toronto Prices Entice Buyers

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