Homes sales and listings in the Greater Toronto Area were up in February from last year, but adjusted sales declined from a month earlier according to the Toronto Regional Real Estate Board. TRREB says population growth, a resilient economy and the possibility of the end of rate hikes helped fuel the jump. In Business Matters for Tuesday March 5, Anne Gaviola has more on why month-to-month volatility may signal a transition point in the housing market.
- Toronto-area home sales down in March but competition pushes prices up: board
- Slow February home sales signal ‘things are about to pick up’: CREA