Buyers return to Toronto housing market as prices climb after sluggish period: TRREB

The Ontario board found Wednesday that the average price of a home hit $1,108,606 last month compared with $1,096,519 the month before.

"As we moved through the first quarter, Toronto Regional Real Estate Board members were increasingly reporting that competition between buyers was heating up in many GTA neighbourhoods," Paul Baron, the organization's president, said in a statement. TRREB found March's composite benchmark price was $1,118,500, a 16.2 per cent drop on a year-over-year basis, but up month-over-month on both an actual and seasonally adjusted basis.

Their cautious approach pushed new listings to 11,184 last month, down 44 per cent from the prior March.

This a yearly burst from late March to May

Lol enjoy the expensive version of New Dehli with even more violent crime. Glad I left that dump of a country

Every headline about prices going back up makes we want to cry.

Must know to self-entertain, cause there's barely any nightlife left. what is available is expensive af..

Unless these are cash buyers, obtaining mortgage otherwise from money grabbing banks will not be easy at all!

these greedy buyers are the reason you cannot afford your homes! they always outbid eachother, pay higher than market price! they are the problem!!!!!!!!!! overpaid homes will increase rent to make living unaffordable! we should take back the homes, as the homes are owned by

Price ceiling, folks.

Why would anyone want to live in such a garbage city?

Large sell off is starting because of the exodus of good hard working taxpayers. We had enough

The gullible who trust you to give them real money news will lose those homes by next year as WE ALL KNOW the dollar will be worthless by July 1 ,,, WATCH TRUTHFUL NEWS about money NOT ON CTV network BLOOMBERG is the one rich folks watch for TRUTH

who’s buying the millionaires,ceos and immigrants who came with money. No one from middle class can afford a home

LOL

If people are buying homes in Toronto it just shows that the middle class will never get into the housing market.

😂😂😂🤡🤡🤡🤡

TRREB is not a reputable source on this

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