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Original article via BuzzBuzzHome.

The Toronto housing market looked quite different this time last year, as activity reached record heights and pundits warned of bubble-like conditions. Last month, home sales and prices dropped 31.1 per cent and 12.4 per cent year-over-year, respectively, falling sharply from the record-hitting levels reported last April.

But according to a new report from Zoocasa, sales numbers and average sale price aren’t always the best tools to measure what’s been happening in the housing market.

 

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