The Numbers for May are in + a cautious path to market recovery has emerged. We’re beginning to see buyers + sellers coming back into the #torontorealestate market. Though he number of sales + new listings in Toronto continue to be down vs. May of 2019 - both have increased 40-45% vs. last month. Interestingly, prices continue to hold + show reasonable gains vs. last year - largely attributed to the low levels of inventory. We know that 1 month does make a trend, however given our office activity, we’re expecting June to show continued growth!
Comments are closed.
|
LOIC DANISLoic Danis is a Toronto Real Estate Broker and Broker of Record/Owner of Sutton Group Old Mill Realty Inc. specializing in residential and investment real estate in Downtown Toronto, Etobicoke + West Toronto neighbourhoods including The Kingsway, Babypoint, Sunnylea, Swansea, Roncesvalles, High Park, Swansea, New Toronto, Mimico, Waterfront Communities, Yorkville, St. Lawrence Market, Bay Street Corridor and more! Categories
All
|