Tuesday, March 6, 2018

TORONTO HOME SALES DOWN 35%

   Canada's largest real estate board says home sales in the Greater Toronto Area fell nearly 35 per cent year over year in February, as selling prices dropped more than 12 per cent.
   The Toronto Real Estate Board reported 5,175 residential transactions through TREB's MLS system last month, down 34.9 per cent compared to the record 7,955 sales reported in February 2017.
  The number of new listings entered into TREB's MLS system in February totalled 10,520, a 7.3 per cent increase compared to the 9,801 new listings entered during the same month last year.

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