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Toronto Real Estate Surges Despite Fewer Listings | Toronto News
Toronto’s real estate market saw a surprising uptick last month, with home sales jumping 9.4% year-over-year despite a 13% drop in new listings and inventory. Sales also edged up 1.4% from May after adjusting for seasonality, signaling renewed buyer activity. Prices, however, cooled slightly—down 3.9% year-over-year to just over $1 million—with benchmark prices falling 5.4%. Still, industry leaders are optimistic, calling Q2 a “marked improvement” after a sluggish start and predicting fiercer competition and potential price rebounds in the second half of the year. Listen in comfort:Get a…
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