Toronto housing market steadies as sellers bide their time.

Original article via Bloomberg. Click here to read.

Toronto’s housing market was little changed in March as sellers stayed on the sidelines.

Home sales in Canada’s biggest city totaled 7,187 in the month, one sale shy of the same month a year ago, the Toronto Real Estate Board reported Wednesday. Benchmark prices, which adjust for the type of home sold, rose 2.6 percent to C$779,100 ($584,164) from the same period last year. New listings declined 5.1 percent to 13,996 over the year.

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