Housing market’s signs of life give buyers pause for thought ahead of BoC policy meeting

by Carolyn Ireland

A west-end Toronto home for sale in July 2023.

The long-delayed spring real estate market in Toronto saw sparks of life in late May as some buyers attempted to get in ahead of a potential summer revival.

Pritesh Parekh, real estate agent with Century 21 Legacy Ltd., says the largest cadre of buyers remained in wait-and-see mode leading up to the Bank of Canada’s policy meeting this week.

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