The benchmark price for a home in Canada’s largest city climbed 2.5% to C$1.12 million in March from a month earlier, according to a report released Wednesday by the Toronto Regional Real Estate Board. Both sales and new listings in the greater Toronto area were down from a year earlier.
Through the first quarter, “competition between buyers was heating up,” Paul Baron, the real estate board’s president, said in a statement. Polls show that “demand for ownership housing will continue to recover this year. Look for first-time buyers to lead this recovery.”
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Toronto home prices rise as competition heats up in tight marketToronto housing market may have turned the corner in March as rising competition pushed sales and prices higher. Find out more Poll: Housing market over inflation fraud? What’s heating up is the real estate crash that will be coming Sucker born every minute
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Toronto housing market shows signs of rebounding, prices up in MarchVolume of sales rose by 44 per cent from February to March and the home price index rose by 2.5 per cent to $1,118,500 over the same period 😂😂😂😂🤡 I hope it goes up 100% a year so you all can get poorer and poorer
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Buyers return to Toronto housing market as prices climb after sluggish period: TRREBThe Toronto Regional Real Estate Board says competition between buyers returned to the market last month as the average home price in the area ticked above the average list price for the first time since May 2022. TRREB is not a reputable source on this 😂😂😂🤡🤡🤡🤡 If people are buying homes in Toronto it just shows that the middle class will never get into the housing market.
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