Are prices expected to climb or decline?

Everyone is interested in real estate, even if they're not buying or selling.  Lately one of the most common questions I get is "Is the market still slow?"  I find this really interesting as the market is really quite strong right now!

Most homes are selling within a week and often with multiple offers.  There are a number of factors at play as to why this is happening and it's best explained by this story in the Toronto Star.  Additionally Tom Lebour, president of the Toronto Real Estate Board, fully expects this increase in home sales to contine well into the new year.  Read his story here.

What does all this mean?  It means that home sellers will continue to enjoy the benefits of a large pool of buyers and buyers will enjoy the incrediblely low interest rates for some time to come.  In this faster paced market having a competent and knowledgable real estate sales representative to help you is even more important than ever. Be sure to find one that you are comfortable with to ensure your best interests are covered. 

Feel free to contact me for more information or advice on your specific situation.

Robert Atkinson

Robert Atkinson

CENTURY 21 Leading Edge Realty Inc., Brokerage*
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