ACTIVE LISTINGS INCREASE IN MAY 2017

Wednesday Jun 07th, 2017

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Reported from the Toronto Real Estate Board, "home buyers definitely benefited from a better supplied market in May, both in comparison to the same time last year and to the first four months of 2017. However, even with the robust increase in active listings, inventory levels remain low. At the end of May, we had less than two months of inventory. This is why we continued to see very strong annual rates of price growth, albeit lower than the peak growth rates earlier this year".  

 
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