Why rising sales don’t mean Toronto real estate is back: Foch

The headlines are loud again. Home sales are up double digits. Buyers are back. Market is heating up. But if you’re reading that and assuming we’ve returned to boom times in the Greater Toronto Area housing market, take a step back and squint a little. The numbers tell a different story. And in this business, it’s the fine print, not the front page, that tells you where things are headed.

Yes, sales are up. But from where?

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