Happy July from Alex and Elaine!

Hope you have been keeping cool during these hot summer days we have been having! Something that has not shown any signs of cooling would be Toronto’s real estate market! It seems to be the only thing that has immunity to our global pandemic! Bad news for those who were hoping that prices would soften – with inventory still very low, prices have increased due to high demand and low supply. Volume wise, if you can believe it, almost the same number of properties sold in June as they did a year ago in June 2019. Alex will break down everything further for you in the link below! 

If you are looking to take advantage of historically low interest rates, book a time to chat with us today. Yes there are multiple offers on good properties in popular neighbourhoods, but you’d be surprised at how close all of the competing offers are. We are not seeing the bidding frenzy that we’ve been used to in previous years, so your opportunity to purchase something at or near market value may be now! Let us know how we can help.

We can help sort out the many questions you may have, breakdown the steps that may need to happen in order for you to achieve your goals, and provide data to support or dispel the headlines you’ve been reading. Book a time to chat with us today!