Home sales in the Greater Toronto Area fell 6.3% in February, with 3,868 homes sold, and average prices dropped 7.1% to about $1 million. New listings decreased 17.7%, and total active listings fell 2.4%. Buyers are waiting for prices to stabilize and positive trade news before purchasing. All property types saw sales declines, with condos down 12% and semi-detached homes down 9.2%.
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