April home sales in the Greater Toronto Area rose seasonally from March but fell 23.3% year-over-year, with buyers awaiting lower borrowing costs and economic clarity. New listings increased 8.1%, and the average home price dropped 4.1% to about $1.1 million. Elevated inventory offers buyers more choice, but lower pre-construction sales may limit future supply. Improved US trade relations could boost market confidence and transactions.
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