Toronto's 416 area code were down 6.9 per cent at 1,137 in June, but the average price was up 8.1 per cent

Toronto home prices up but rising mortgage rates could spell trouble: economists

By News on the Net ——Bio and Archives--July 5, 2013

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Winnipeg Free Press TORONTO - The average sale prices of Toronto homes continued to climb in June, but rising mortgage rates and an oversupply of condos could spell trouble for the city's real estate market, according to economists.

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