Is The Real Estate Market Slowing Down?

Just with a blink of an eye, we are half way through the year. Weather has finally caught up to the month and gardens are starting to bloom. So many different opinions about what is happening to our real estate market.  As the old cliche says "just give me the facts"


The Toronto Real Estate report  just came in and shows that an astounding 10,046 sales were reported in May 2011, this figure is up 6% compared to the same month last year.  It is still leaning towards a seller's market as the average days on the market shows 23 days.

If you are contemplating selling your home, time is still on your side especially since interests are still low and prices have shown an increase of approximately 9%.

Rose Lopez-Frometa

Rose Lopez-Frometa

Branch Manager
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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