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 Buyers Enjoy More Choices as Prices Adjust
Toronto real estate shows slow improvement with June sales rising 8.4% to 6,770 units, the best June in three years but still 23.6% below 2019 levels. Home prices fell 0.6% to $940,800, down 5.4% from...