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Toronto sales and prices climb but detached-home prices fall in the 905

from The Star

The number of homes sold in Toronto climbed in April even as prices inched higher, signalling that homebuyers continue to compete for listings in an increasingly tightening housing market. There were 9,042 residential transactions in April, jumping 16.8 per cent from 7,744 sales during the same time last year, according to the Toronto Real Estate Board. Meanwhile, average home prices across the GTA rose year-over-year in April relative to the first three months of 2019. more

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