GTA Active Listings Hit 31K In May – Highest In Nearly 25 Years

The Greater Toronto Area’s housing story was pretty much the same in May as it has been so far this spring, characterized by sleepy sales, flatlining prices, and a surplus of inventory — both new and active. All that considered, the Toronto Regional Real Estate Board (TRREB) said in their monthly report on Wednesday that the market has “experienced an improvement in affordability,” with buyers having an edge.

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