Real Estate Market in Review - February 2023: For the City of Toronto, year-over-year sales volume and average selling prices were down by 32.2 per cent and 17.4 per cent respectively. However, it is interesting to note, between January and February new listings rose by 10 per cent, and the average price for the combined categories of detached homes, semis and condo apartments was up 11.2 per cent. Based on polling that suggests more buyers entering the market in the coming months, more upward pressure on pricing could result. Reach out to me anytime for further clarification. Here’s the breakdown:
