Toronto home sales rose 9.4% year-over-year in June, while new listings fell 12.9%, indicating a tightening market after two slow years. Lower prices, stable interest rates, and improved consumer confidence are encouraging buyers. Despite increased sales, inventory remains high, giving buyers negotiating power. Competition is expected to grow, potentially leading to price increases next spring. Sellers must price realistically to attract buyers.
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- Address: 305 Milner Ave Unit # 312, Toronto, ON M1B 3V4, Canada. Get Direction - Google Map
- Contact Name: Sivage Sivagumaran
- Phone: +1 416-553-8902
- Email: sivagehomes@sivage.ca
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