Toronto Homebuyers Gain Opportunities as Prices Ease Again

Toronto home prices fell for a second consecutive month in September, with the benchmark price at $924,600, down 0.5% from August and 4.7% lower than a year ago. Home sales dropped 5.2%. Rising borrowing costs, driven by global bond yield increases and economic uncertainty, including trade tensions with the U.S., are contributing to the market slowdown. New listings also declined by 3.8%.