Toronto will continue to be a sellers’ market, as there are still low listings in most areas, demand continues to exceed supply, and low-interest rates continue to entice more buyers into the market.
While COVID-19 lockdowns slowed the Toronto housing market at the start of a typically busy spring market, activity bounced back by early summer.
If you’re looking for a COVID-discount on your next property, you better not be searching here – because you won’t find it. What you will find, are multiple offers and buyers and sellers with more and more confidence.
One of the reasons for a very competitive Toronto market is record-low mortgage rates that are driving the momentum.
Thinking of selling your home? You are not alone.
New listings in the Greater Toronto Area have increased in May by over 60 per cent compared to the same period in April.
Housing market is well alive during a pandemic. It is why Real Estate was declared an essential service and since the beginning of the lockdown we serve our clients in innovative and effective ways that limit personal interaction yet showcase homes and facilitate sales.
