Buyer's Market The supply of homes for sale on the market exceeds the demand.
High inventory of homes. Few buyers compared to availability. Homes are on the market longer. Prices tend to drop.
More time to look for a house. More negotiating leverage.
Seller's Market There are more buyers looking to buy homes there are homes on the market.
Smaller inventory of homes. Many buyers. Houses sell quickly. Prices usually increase.
May have to pay more and make decisions quickly. Conditional offers may be rejected.
Balanced Market The number of homes on the market is equal to the number of buyers.
Sellers accept reasonable offers. Homes sell within an acceptable time period. Prices are generally stable.
More relaxed atmosphere. Reasonable number of houses to choose from
Find My Dream Home
If the time has come for You to "Find Your Dream Home", then I would love to help. New properties are listed every day. By filling out the form, I can have new Listings emailed to You as soon as they become available.
Toronto Real Estate Board President Garry Bhaura announced TREB's Economic Summit for Durham Region, in conjunction with TREB's fourth annual Market Year in Review and Outlook report.
The Toronto Real Estate Board (TREB) will be making a presentation to the City of Toronto’s Budget Committee, today, as part of the City’s consultations on its 2019 budget. TREB’s input, and outlook for the 2019 real estate market, comes on the heels of the City reporting a deficit in projected Municipal Land Transfer Tax (MLTT) revenue for last year’s budget.
The EQUITY in your HOME is like any other Investment - it needs to be monitored.
Homeowners should have their EQUITY evaluated once a year.
Now might be the perfect time.
And it is FREE, WITH NO OBLIGATION!
Just fill out the form below.