After experiencing double-digit volume declines in February and March, the month of April witnessed a modest 2% decline in sales in the GTA resale home market (9,811 transactions vs. 10,021 in April 2012). The strengthening volume trend indicates that some households who put their buying plans on hold following the July 2012 introduction of stricter mortgage lending guidelines are now once again wading into the market.

jun-2013-min
Irene Love