Toronto’s Real Estate Market Slows In June… Continuing To Do So In July
As far as I’m concerned it had to happen sometime. The foolishness of ‘manufactured’ multiple offers in Toronto had gone on for far too long and was hurting home buyers, not benefiting house or condo sellers and was wasting a lot of everyone’s time and energy.
Motivated sellers will still get their homes sold and motivated buyers now have more choice in what they would like to buy.
I don’t know how long this blip in the Toronto real estate market is going to last. In the past few years, the summer market has been as strong as the rest of the year. In the 1980’s and 1990’s July and August sales were always down – people going on vacation, hot weather etc - so we might just have reverted to that old traditional marketplace.
So… watch the video, get caught up on the latest Toronto Real Estate Board stats and get a feel for what you should be doing in today’s less stressful real estate market.
Toronto’s Real Estate Market Slows In June… Continuing To Do So In July is a post from: Toronto Real Estate Updates