The Greater Toronto Area (GTA) housing market is undergoing a strong recovery as the average GTA home price rises to $1,108,606 in March 2023, the highest that it has been since June 2022. This comes off the back of a 23-month low in prices seen in January 2023. As prices once again rise, GTA home sales are also on the rise, with 6,900 home sales during the month of March 2023.