This spring and summer market has had a shortage of good listings for active buyers. The demand has been high and the supply has been low. All of the classic ingredients of a sellers' market.
The fall market is around the corner, and predictions have already been made.
The experts are predicting that the current market we are experiencing in Toronto will cool off in the upcoming months - prices will stabilize and we will get back to a better inventory supply.
So frustrated buyers, dealing with bidding wars, and lack of choice, will most likely be pleased with the road ahead.
Of course, these are just predictions and the market activity (listing / buying) in the fall, will tell all.
Casey Ragan
TORONTO'S CONDO SPECIALIST
TORONTO'S CONDO SPECIALIST
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