Saturday, March 16, 2024 / by Shiela Balanay
Ontario MLS® Home Sales & New Listing Rise in February



Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 12,787 units in February 2024. This was a sizable gain of 15.6% from February 2023. Active listings were 38.2% above the five-year average and 4.6% above the 10-year average for February. Months of inventory numbered 2.6 at the end of February 2024, up from the 2.5 months recorded at the end of February 2023 and above the long-run average of 2.3 months for this time of year.