GTA sales were down by almost 45 per cent in January 2023, compared to the same time last year, and the average sales price was down by more than 16 per cent during the same time period, according to the Toronto Regional Real Estate Board. Real estate experts forecast a marginal bump in sales and new listings this spring, but say the market won’t be robust. Looking ahead, the spring market won’t be returning to a robust performance, he said, adding, “the real estate market is not tipping back to what it was when the market was at it’s peak.” SHARE:Anyone can read Conversations, but to contribute, you should be a registered Torstar account holder.