With 5,627 homes sold
Before you start to celebrate that the recession is over and prices are beginning to rise again, please don’t! August’s data shows that the real estate market is active with sales and purchases. While listings are in short supply, buyers are eager to purchase at today’s market price. An OK-price property sells in approximately three weeks, provided it is priced within 5% of market value.
While sales are taking place in all categories of properties across the GTA, there are areas of strength and weakness in the market. For example, condominium sales in the 416-area code have strengthened as demand has increased due to the price point and the fact that rents have increased significantly over the last year. Conversely, 905 detached home prices have softened, creating an opportunity for those looking to fulfill their dream of a private backyard and a white picket fence.
Suppose you are interested in finding opportunities in today’s real estate market. In that case, you need a powerful duo that can give you the information you need to make a good decision for you and your family. A full-time, experienced realtor like me who is associated with a great company like RE/MAX Realtron is what you need!
Give me a call, and let’s chat; after all, you have a friend in the business!
Your Friend in the business,
Steven Maislin, ABR, SRS, SRES, IRES, RENE, Broker
ABR: Accredited Buyer Representative
SRS: Seller Representative Specialist
SRES: Seniors Real Estate Specialist
IRES: International Real Estate Society
RENE: Real Estate Negotiation Expert
RE/MAX Realtron Realty Inc., Brokerage
182 Sheppard Ave West, Toronto, On. M2N1M8 Canada