The Market is slowing down!

The average price is up +32.8% compared with last year, when COVID started.  But if you look at the numbers from March, they are actually dropping.

I am seeing a softening in Mississauga and Brampton.  For about half of the houses we were looking at, they actually accepted a “conditional” offer!

In a super-Seller’s market, this is unheard of, so it suggests that either fewer listings are coming on the market or there is some Buyer-fatigue.

Don’t get me wrong, the A+ houses are still getting many, many offers. These homes are usually beautiful, with well-staged furniture and an amazing location.

There will always be a demand for those homes.

But if you are able to see past some of the flaws and accept a “less than perfect” house, there are a lot more to choose from and more importantly, there are fewer buyers competing for them.

So now, you have a better chance to make an offer with conditions and get fair price.

Is now the right time to buy?

Contact me and let’s have a chat.

Call (416) 276-4895!

Are you looking for the hardest
working agent in the GTA?

I am always available!
I look forward to working with you now or in the future…

Real Estate Broker
EXP Realty, Brokerage
(416) 276-4895

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