The market is hot, hot, hot…

The market is hot, hot, hot! February so far in the GTA: 77 offers, 43 offers, 28 offers, 14 offers, 17 offers, etc. etc.  Buyers are lined up.

Here are the stats for the end of January. Single-family homes continue to be strong. Condos are holding and climbing, and condos in the downtown core are very strong!

Single-family homes:

©Sandra Jackson

 

Condos in the 416:

©Sandra Jackson

Condos in the downtown Toronto core:

©Sandra Jackson

 

As you can see, we still have a shortage of properties available for sale to the thousands of buyers looking right now.

©Sandra Jackson

©Sandra Jackson

Prices will continue to go up, up, and up.  We are expecting a 10% price increase in the average home in Toronto in 2020.

 

If you’re considering selling in 2020, you should be listing it now, NOW!  Waiting until April or May will be too late.  If you need help or would like more information, please don’t hesitate to call me.  Helping you is what I’m here for.