Realtors Report a Big Drop in Sales

There is an article in today’s Toronto Star entitiled “Realtors Report a Big Drop in Sales”. The article points out that during the first 2 weeks of February, the city of Toronto’s agent sales dropped 18%, while the suburbs of Toronto dropped 11%. Also mentioned is that the Canadian Real Estate Association stated new listings had increased 9.3% during January. “More listings typically mean price appreciation will slow as more inventory comes to market” says Tony Wong, Business Reporter for the Toronto Star.

To read the entire article, please click here “Toronto Star: Realtors Report Big Drop in Sales”

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