Market mostly flat across the Greater Toronto Area, with conditions described as muted ahead of spring.
In February, 7% of 238 GTA neighbourhoods were overbidding, ↑ from 6% of 213 in January.
Most neighbourhoods were underbidding: 91%; another 2% sold at asking.
Across all listings, condos lagged single-family: 14% vs 24% over asking; single-family highest since early last year’s fall market.
Toronto Real Estate Prices Climb As Inventory Remains Near Highs
Toronto real estate prices rose 0.3% to $941,800 in March, marking a modest recovery but still 7.4% below last year. Sales increased slightly to 5,039 homes, the second-weakest March in 15 years. New listings dropped...
