Shifting in the market – Friend or Foe

Shifting in the market – Friend or Foe

With the summer now here, the HST creeping up and the interest rates slowly rising it can be unrealistic to pinpoint why many agents, home owners and buyers are seeing a soft shift in the Toronto real estate market.

Albeit there are still a handful of homes and condo units that are selling within days / for over asking, the majority of properties now listed on MLS are removing their offer dates and pricing their homes according to what the market dictates.

A few experts chime in on the subject today in The Globe and Mail – A sharp shift in the market