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Home Sales Up by Double Digits in Toronto, Vancouver and Calgary

High Borrowing Costs Kept Residential Sales in Toronto Below Monthly Record Set in 2021
Sales of houses and apartments in Toronto, above, rose 18.9% last month from a year earlier. (Marcus Oleniuk/CoStar)
Sales of houses and apartments in Toronto, above, rose 18.9% last month from a year earlier. (Marcus Oleniuk/CoStar)

Home sales in Canada’s largest city increased 17.9% in February compared to the same month last year but high borrowing costs kept sales of all property types below the February record reached in 2021.

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