US EditionGreater Toronto home sales drop in March amid trade concerns: TRREB
- Greater Toronto Area home sales decreased by 23.1 percent in March, reports indicate.
- An increase in available supply contributed to a drop in prices from last year.
- The Toronto Regional Real Estate Board reported 5,011 sales occurred last month.
- Jason Mercer, TRREB CIO, said many households are taking a 'wait-and-see approach'.
- Uncertainty around trade and a federal election might negatively impact home sales.
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Greater Toronto Home Sales Drop in March Amid Trade Concerns: TRREB
Home sales in the Greater Toronto Area fell 23.1 percent in March while more supply hit the market, helping bring down prices compared with a year ago. The Toronto Regional Real Estate Board says 5,011 homes were sold last month, compared with 6,519 in March 2024. Sales were down 2.4 percent from February on a seasonally adjusted basis. Meanwhile, the board says 17,263 new properties were listed in the GTA last month, up 28.6 percent compared wi…
·New York, United States
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Leaning Left8Leaning Right2Center2Last UpdatedBias Distribution67% Left
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