Toronto home sales, listings fall while prices rise slightly in February.

Original article via The Star. Click here to read.

Toronto-area resale home prices rose 1.6 per cent year over year in February to an average of $780,397 across all home types, despite snow and ice that helped keep the number of listings low and saw a 2.4 per cent decline in the number of sales.

The Toronto Real Estate Board (TREB) reported 9,828 new listings in February, about 6.5 per cent fewer than the same month last year.

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