TRREB: Condo Sales in the GTA Climb While New Listings and Prices Drop
The Toronto Regional Real Estate Board (TRREB) reported that condo sales in the GTA (Great Toronto Area) have increased while new listings and prices have dropped. With more competition between buyers, the average condo selling prices should climb above last year's levels in the second half of 2023. This has been attributed to population growth and a competitive rental market.
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