Inventory continues to be an issue in many neighbourhoods across the city. Demand is again outstripping supply and prices, year over year, are steadily going up by double digits % increases in some areas! More often than not properties are being sold in multiple offer situations which can be frustrating and tricky however lucrative for Sellers. We are anticipating the return of Spring-like weather to boost inventory levels mid-April into May. The East end's affordability is finally starting to catch up with buyers...watch out for hot neighbourhoods such as Birch Cliff! As always, we are happy to help you sort through and make sense of the data. Just give us a call. Happy Spring!
Wow! An eventful summer for the Toronto real estate market!
Already this second week of September we are seing an increase in inventory. If you've been sitting on the fence this year to make your move it may be time to consider hopping off!
Check out your neighbourhood activity in these overview snapshots. Want more details? Give us a call for a complimentary customized snapshot of your immediate or preferred neighbourhood.
Another eventful month for the Toronto real estate market! Average year over year monthly price increases still in double digit % for most Toronto neighbourhoods.
Check out your neighbourhood activity in these overview snapshots. Want more details? Contact us for a complimentary customized snapshot of your immediate neighbourhood.