The first quarter of the 2021 GTA housing market consistently shows record sales numbers, price appreciation and market pace. Comparing March 2021 numbers with the same month last year is somewhat problematic given COVID-19’s market-halting impact mid-March 2020. Looking at the activity for the quarter, the story has solidly been about inventory and pace of sales. February 2021 reported a record fast absorption rate of only 3.5 weeks of inventory in the GTA.... [read more]