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.
YoY Toronto home sales increase for the first time in six months
Greater Toronto's resale market tightened in March 2026 with sales rising 1.7% to 5,039 despite a 16.7% drop in new listings. Average prices fell 6.7% to about $1.02 million, with detached homes dominating sales and...