Now PlayingFebruary 11, 2019

Toronto Housing Market Update – February 2019

The stats are out Toronto started off the year with low levels of inventory, there’s 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 we’ve stressed this before but because of the...

The stats are out 📈 Toronto started off the year with low levels of inventory, there’s 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 we’ve 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 today’s market 🏡

Trends to watch

• Expect more listings in Feb/March
• Under $600,000 we are seeing a ton of demand for condos
• The liberals are talking about new regulations to help first-time buyers (longer mortgage amortizations and maybe pulling back on the stress tests)

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It’s Your Storey & It All Begins Right Here.
It’s Your Storey & It All Begins Right Here.It’s Your Storey & It All Begins Right Here.