Toronto Home Sales and Prices Flatten as Market Cools
- Toronto home sales fell 1.1% in March after dropping 11.5% in February
- Home prices rose 0.7% in March to an average of $1.09 million
- New listings declined 3% as some sellers hold off on listing homes
- Sales rose strongly in Dec/Jan but were down 4.5% year-over-year in March
- More buyers adjusted to higher interest rates; rate cuts anticipated in mid-2022
