Toronto Home Prices Dip Below $1 Million Mark as Market Adjusts to Elevated Inventory

Greater Toronto Area home prices fell to $973,289 in January, marking a 6.5% decline from the same month last year as buyers gained negotiating power in a market flooded with inventory, the Toronto Regional Real Estate Board reported Wednesday. The figure sits below the industry group’s forecast range of $1 million to $1.03 million for […] The post Toronto Home Prices Dip Below $1 Million Mark as Market Adjusts to Elevated Inventory appeared first on the deep dive.