Province giving Toronto up to $73M to speed up Gardiner construction, and the project could end a year earlier; sales of GTA new homes were at a record low in the first half of 2023; this year, they’re more than 50% lower; Bank of Canada expected to deliver second consecutive rate cut today; and other news.
Bank of Canada expected to deliver second consecutive rate cut today (CP24)
Sellers in Toronto wrestle with a difficult question: Is it time to slash prices? (The Globe and Mail)
GTA luxury home sales remain ‘surprisingly active,’ though homes over $1 million struggle to sell (The Star)