March 3, 2010 -- Greater Toronto REALTORS® reported 7,291 sales through the Multiple Listing Service® (MLS®) in February, representing a 77 per cent increase in units sold over February 2009. The average price increased 19 per cent year-over-year to $431,509. 
New listings also increased in February, climbing 24 per cent compared to the same month last year.As the market matures through 2010 the expectation is that we will have more listings as prices rise to tempt seller's into the market and redress the extreme imbalance we have now between the number of Buyers and Sellers. Adam Smith's invisible hand will do it's work.