Market Watch - February 2022

By: gtacasa.ca

Market Watch - February 2022

Tags: MARKET WATCH, TREB, TORONTO REAL ESTATE, MARKET STATS, HOUSE PRICES

February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history. New listings dropped, but by a marginally lesser annual rate than sales, pointing to a modest move to a slightly more balanced market. Competition between buyers, however, remained tight enough to support double-digit price growth year-over-year.

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