Toronto Real Estate Market Update: March 2023

Presenting here a summary of the Greater Toronto Area Real Estate Market in March 2023 based on the TRREB MLS sales data for February 2023. The average prices across the GTA increased month over month by 5.4%. The tightened inventory conditions prevalent in the GTA and the holding off of continuous interest rate hikes have attributed to this growth. It is the first time in the last eight months that the market has rebounded at such a level.
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Mudit Mehta
Broker of Record
Elixir Real Estate Inc
off. 416-816-6001 | [e-mail]
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