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Toronto Regional Real Estate Board calls for further rate cuts

Largest residential association said more reductions would improve affordability as renters sit on sidelines
The Toronto Regional Real Estate Board's head office is shown above. (CoStar)
The Toronto Regional Real Estate Board's head office is shown above. (CoStar)
CoStar News
July 7, 2025 | 4:27 P.M.

The country's largest real estate board is calling for another interest rate cut ahead of the Bank of Canada's next meeting, as existing home sales prices continue to fall in the Toronto region.

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