Spring Market Approaching. Beat the Listing Rush!

Thursday Feb 21st, 2019


With the winter months coming to an end and the spring months approaching, the real estate market is starting to pick up again. Sales throughout the Toronto area are up by 3.4% compared to last years sales. The condominium apartment segment led the way in terms of average price growth and sales on a year over year basis.  It is encouraging to see the increase in sales even though the weather has been difficult throughout the past few weeks. The current market is very low on inventory and poses a great opportunity for smart sellers to beat the listing rush. Typically, most home sellers think its beneficial to wait until the flowers bloom and the grass is green before listing their home for sale. This is a common misconception. In actuality, the best time to sell is when demand is high and supply is low! 

Basic supply and demand principles prove that this will achieve the best results. With the current inventory levels being so low and a recent spike in the demand for homes in your area NOW is a great time to list your property if you are deciding to make a move this year. In the coming months many more homes will come on the market which benefits buyers with more choice. 
If you are planning a move, call me to discuss your goals and options. I have over 20 years experience and live and work in your area. I can provide you with a FREE no obligation assessment of your home and discuss your buying options. Feel welcome to call me at 416-856-5408 or email me at info@ilistrealestate.ca. 

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