|
It looks like we’re finally getting through the deep freeze that defined much of this winter ️. While GTA home sales declined compared to last year, new listings dropped even more, tightening overall supply and setting the stage for stronger competition among buyers later in the year.
February snapshot
3,868 home sales, down 6.3% year over year
Average price: $1,008,968, down 7.1%
Fewer new listings are beginning to tighten market conditions
Industry experts believe there is significant pent-up demand, with more than 100,000 potential buyers currently waiting...
|
—the days are shorter, but the real estate horizon is brightening for buyers.
