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Toronto Real Estate | Rental Market is on Fire

October 15, 2018

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Toronto Real Estate Inventory Update

March 28, 2017

 

 

 

 

 

As we look at current inventory over the last few months we have been seeing record lows, which we haven't seen for over ten years.  With inventory just over 2500 mark for the last few months it's causing a steady increase in values.  Which is causing buyers to panic to get into the market.  As the spring rolls around and inventory levels staying low many buyer's will be lining up for even bigger prices to pay.  

 

Many seller's are excited with prices jumping but making it a hard choice for them to sell as they will be joining the harsh reality of finding a new place to call home without breaking the bank.  Unless they are deciding to downsize it's a hard choice to find something in which they feel they are not just adding to the chaos of the market.

 

Many buyer's are beginning to look further away from the Metro to find property that are still to believe to be priced "reasonable" compared to the Hot market of Toronto

 

 

 

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