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!