Toronto home sales in March double over a year earlier

The Toronto Real Estate Board says Tuesday that home prices in the City continued to climb in March while sales were almost double that of the same month a year earlier. Sales in the area reached a record 15,652 last month, up 97 percent from 7,945 during the same time last year. TREB says the sales growth was so dramatic because it compares with March 2020, when the first economic effects of the pandemic took hold and both buyers and sellers were wary of the market.