The stats are out Toronto started off the year with low levels of inventory, thereās a lot of buyers actively looking for property but short supply available. The weather may have played a part but January is also typically a slow month in terms of overall sales. Expect sales volumes and new inventory to pick up in February and March. I know weāve stressed this before but because of the...
The stats are out š Toronto started off the year with low levels of inventory, thereās a lot of buyers actively looking for property but short supply available. The weather may have played a part but January is also typically a slow month in terms of overall sales. Expect sales volumes and new inventory to pick up in February and March. I know weāve stressed this before but because of the demand in the entry-level condo market, and the mortgage stress tests slowing down detached sales. There has never been a better time to be a move up buyer in todayās market š”
Trends to watch
ā¢ Expect more listings in Feb/March
ā¢ Under $600,000 we are seeing a ton of demand for condos
ā¢ The liberals are talking about new regulations to help first-time buyers (longer mortgage amortizations and maybe pulling back on the stress tests)
