These are the ‘hot pocket’ Toronto neighbourhoods that have seen home prices rise despite the tepid market

Toronto and other large real estate markets in the country are seeing a rebound in demand and price growth for detached homes as signs of the “much-anticipated spring market materialized” last month, according to a new report from REMAX Canada.

“After a prolonged period of uncertainty, we’re starting to see slow but building momentum in Canada’s largest real estate markets,” Don Kottick, the president of REMAX Canada, said in a news release.

“Buyers who have been sitting on the sidelines for months, prepared and ready to pounce, are finally starting to make their moves.”