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And, if a realistic rent index were used, August’s year/year number would have been somewhere near 1.2%.
A net negative 8 percent of all owners (seasonally adjusted) reported higher nominal sales in the past three months, up six points from August’s lowest reading since August 2020.
August’s best way to demonstrate this experience is through the showcase of her Dragonfly Whimzee, which is a fully operational artcar converted from a Toyota Prius.
However, August’s sales amounted to a 5.2 per cent drop from the previous year.
Source: https://globalnews.ca/news/9941304/toronto-home-sales-july-august-2023/
Meanwhile, the U.S. is also seeing record numbers at its southern border, with August’s numbers marking the highest on record for the month, and September likely to outpace those highs as well.
The government also downwardly revised August’s job additions by 62,000 and September’s by 39,000, indicating weaker growth in the labor market than previously reported.