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Greater Toronto home sales fall 13.3 per cent in May as inventory levels rise: board

Greater Toronto home sales fall 13.3 per cent in May as inventory levels rise: board

TORONTO — Home sales in the Greater Toronto Area remained weak in May while inventory levels were up — giving more negotiating leverage to potential homebuyers. The Toronto Regional Real Estate Board said in a release Wednesday that 6,244 homes were sold in May, down 13.3 per cent year-over-year. Meanwhile, new listings reached 21,819 last […]

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