Greater Toronto home sales drop in March amid trade concerns, real estate board says

Home sales in the Greater Toronto Area fell 23.1 per cent in March while more supply hit the market, helping bring down prices compared with a year ago.The Toronto Regional Real Estate Board says 5,011 homes were sold last month, compared with 6,519 in March 2024. Sales were down 2.4 per cent from February on a seasonally adjusted basis.Meanwhile, the board says 17,263 new properties were listed in the GTA last month, up 28.6 per cent compared with last year, as total inventory in the region rose 9.5 per cent to 13,633.