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TRREB: Buyers Re-Enter the GTA Housing Market in February

Greater Toronto Area (GTA) home sales and new listings were up on an annual and monthly basis in February 2024. Selling prices also edged upward compared to a year earlier. Population growth and a resilient regional economy continued to support the overall demand for housing. Higher borrowing costs kept home sales below the February sales…

Sign for sale in front of a detached house in residential area. Real estate bubble, new listings, crash, hot housing market, overpriced property, overpaid, buyer activity concept. Selective focus.

Greater Toronto Area (GTA) home sales and new listings were up on an annual and monthly basis in February 2024. Selling prices also edged upward compared to a year earlier. Population growth and a resilient regional economy continued to support the overall demand for housing. Higher borrowing costs kept home sales below the February sales record reached in 2021.

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