How was Real Estate in 2018?

How did the Toronto Real Estate Market perform in 2018?

Join Lawrence Mak and Cameron Forbes as we discuss how the Toronto real estate market behaved in 2018 and what to expect in 2019?

0:00 Introduction
Lawrence Mak, Broker | RE/MAX Realtron Realty Inc.
Cameron Forbes, MBA, CPA, Broker, General Manager | RE/Max Realtron Realty Inc.
0:45 How was the real estate market in 2018?
0:56 2018 was lower than the peak of 2017
1:12 Sellers aren’t sure about the value of their homes
1:29 2018 was still higher than 2016
1:55 How will condos do in 2019?
2:12 The resale condo will be very strong
2:42 100,000 people moving into the GTA, have to live somewhere
3:12 Vacancy rates are at historic lows
3:32 More challenging for tenants to get accomodations
3:40 Is it a good time for homeowners to upgrade?
3:50 The key theme is it’s a good time to trade-up
4:17 The gap between a semi and a detached has closed
4:23 It’s also an excellent time to upgrade to a better detached
4:45 Buying? Selling? Upgrading? Condos? Rentals?
4:53 Call Me! (416) 276-4895