Toronto home sales expected to rise 12% this year, but board says January saw drop

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Toronto home sales expected to rise 12% this year, but board says January saw drop
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The Toronto Regional Real Estate Board says it is forecasting a 12.4 per cent increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.

The Toronto Regional Real Estate Board says it is forecasting a 12.4 per cent increase of home sales in 2025, with 76,000 properties throughout the region changing hands, amid lower borrowing costs and improved affordability. A real estate sign is displayed in front of a house in Toronto on Wednesday, Sept.29, 2021.

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