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national housing markettorontosun
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73% Informative
CREA says it now thinks the national housing market will remain in “more of a holding pattern” until next spring .
The average price of a home sold in September amounted to $ 669,630 , up 2.1 per cent from September 2023 .
CREA senior economist Shaun Cathcart says with the pace of rate cuts expected to be much faster than previously thought, some potential buyers may hold off on a purchase for now.
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