GTA Housing Market Slows to Quiet in August

TORONTO – BUSINESS – Housing starts in Toronto are down. Single-family homes, including detached, linked, and semi-detached houses and townhouses (excluding stacked townhouses), accounted for 89 units sold, down 86 per cent from last August and 87 per cent below the 10-year average.
The GTA new home market was quiet in August, with overall sales and inventory levels well below the 10-year average, the Building Industry and Land Development Association announced today.
Sales of new co