The first 6 months of 2020 have been a wild ride, to say the least... It's hard to believe it's somehow almost July. We hope you're doing well and staying positive and optimistic. The real estate market started to pick up again in early May. We've seen freehold properties continue to sell in bidding wars, mostly because supply is still very limited. Condos inventory has increased and sales are taking...
The first 6 months of 2020 have been a wild ride, to say the least... It's hard to believe it's somehow almost July. We hope you're doing well and staying positive and optimistic.
The real estate market started to pick up again in early May. We've seen freehold properties continue to sell in bidding wars, mostly because supply is still very limited. Condos inventory has increased and sales are taking longer than earlier in the year. The silver lining is that condo prices have held and not dropped as many expected. We also have to keep in mind that condo prices have gone up almost 10% a year over the past 5 years. Many sellers are still cashing in on years of growth.

