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Real Estate Market Commentary – December 2022

The Toronto Regional Real Estate Board (TRREB) has released the housing figures for November 2022. With 4544 sales reported on the local MLS, sales were down 49.4% year-over-year and 8.4% from October. New listings in November remained low. The 8,880 homes added to the MLS represent an 11.6% decline from the previous year. At month’s end, there were 11,910 active listings, representing a 2.62-month...

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