Toronto home sales fall to 10-month low in February

Greater Toronto Area home sales fell 4.9 percent in February as trade tensions impacted the market. Prices dropped for the ninth consecutive month to C$932,000.

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Home sales in the Greater Toronto Area reached their lowest level in ten months this February, as potential buyers remained cautious amid ongoing trade tensions. According to data released by the Toronto Regional Real Estate Board, seasonally adjusted sales fell 4.9% from January to 4,479 units, marking the fifth consecutive monthly decline.

A residential street in midtown Toronto features a sign advertising a home for sale. REUTERS/Chris Helgren/File Photo
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