Toronto Home Sales Plunge 28.5% in February Amid Trade Uncertainty

Reported about 12 hours ago

In February, home sales in the Greater Toronto Area fell by 28.5% from January, with a total of 4,326 units sold. This decline, attributed to uncertainties surrounding trade relationships and lingering affordability issues, marks the third consecutive month of decreasing home prices, now averaging C$1,063,300. The uncertain economic climate has made buyers more hesitant, leading to a significant drop in both sales and new listings.

Source: YAHOO

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