Spring Market Still Hot

Spring is always the busy season for Toronto but we are now coming up on the busiest time of the season. It has been the strongest April on record. Sales in the GTA jumped 17% from a year ago and the average selling price rose 10%. May is usually the richest month of the year and things look on track to continue that way. There is little sign of drop off usually seen, possibly because of an early Easter and late spring arrival.

People in the market who have not had success so far are looking at new options. Many homeowners are looking at what is going on in the neighbourhood and what their neighbour’s places are selling for and acting accordingly. This is a fantastic time to list before the buyer fatigue sets in. We have clients who are still looking for that perfect place. Even if you are curious about the value of your home in these recent market changes, give us a call! We’d love to chat with you, we love talking about homes – no pressure, promise!