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Toronto Home Sales Decline In March; Prices Increase

Houses are seen for sale and under construction in a neighbourhood of Ottawa

In March, Toronto experienced a decline in home sales for the second consecutive month, according to recent data. Despite the decrease in sales, housing prices in the city continued to rise, indicating a complex market trend.

The real estate market in Toronto has been closely monitored due to its significance in the Canadian housing sector. The decrease in home sales could be attributed to various factors, such as changing buyer preferences, economic conditions, or even seasonal fluctuations.

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