February sales: 3,868, ↓6.3% yearly; seasonally adjusted sales ↓1% from January.
Average price $1,008,968; composite benchmark ↓7.9% yearly; both also ↓ seasonally adjusted MoM.
New listings 10,705, ↓17.7% yearly; active listings 19,414; inventory ↓2.4%.
Board says buyers wait for prices to level off; some also hope for positive international trade news.
100,000 buyers holding off; momentum could return in second half of this year into 2027.
Toronto board of trade urges Ontario to amend zoning and building code rules to spur housing growth
As someone dedicated to guiding clients through every aspect of real estate and home inspection, I pay close attention to the changes that affect our housing market. The Toronto Board of Trade is highlighting a...