Is the Real Estate Market Finally Cooling?
Monday Sep 19th, 2016Share
If you look at the Canadian Real Estate Association's statistics they seem to paint a picture of a market that is cooling off. However different markets across Canada are still doing well. The GTA is one of those.
We have a strong market here in Ontario with continued growth. This looks to be a strong fall market. Sales and average prices were both impressive still reporting year over year gains.
The GTA is still the jewel of Canada's Markets - it saw a 22% increase in sales and average prices still increasing by 17% year over year.
What does this mean for you? If you are looking to downsize or perhaps take advantage of some of the equity you have gained in your home, this is a wonderful time to sell.
Are you ready to invest in real estate? We can help you choose the right property be it a condo, townhome or a single family home we have the expertise to help you choose the right investment for your situation.
Contact us for a free no obligation evaluation of your home today and let us help you on your way to financial freedom!