Toronto is doing the thing that confuses people:

Toronto is doing the thing that confuses people: Sales are up. Prices are down. That usually means the market is more liquid, not necessarily stronger. More deals are happening because sellers are finally meeting the market. Buyers are still price-sensitive, rates still matter, and inventory is giving them options. Transaction volume can recover before prices do. That distinction matters if you're trying to read the housing market properly. #TorontoRealEstate #CanadianRealEstate #HousingMarket #RealEstate #Economics