Greater Toronto Home Sales Fall Amid Affordability Challenges but Relief Forecasted

Greater Toronto Home Sales Fall Amid Affordability Challenges but Relief Forecasted
A real estate sale sign is shown in a west-end Toronto neighbourhood on March 7, 2020. The Canadian Press/Graeme Roy
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Greater Toronto home sales fell six percent last month compared with November 2022 despite an influx in new listings, as high borrowing costs and uncertain economic conditions persisted.

The Toronto Regional Real Estate Board says last month’s 4,236 home sales were also down 8.7 percent from the 4,640 sales in October.