Housing Market Nosedives As Buyers Play A Waiting Game – Toronto Real Estate

Housing Market Nosedives As Buyers Play A Waiting Game - Toronto Real Estate
The once unstoppable Toronto market has slowed to a crawl with early 2018 data showing a deep dive in prices from last year’s high. Average prices are down roughly 12% over last year with low-rise homes down 17% year over year. Month over month prices look steady in 2018. The number of low-rise homes sold was down 38% from the same month a year earlier, and the number of condo sales was down 29%.   

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Michael Duggal
Re/Max Premier Realty
1885 Wilson Ave
Toronto, Ontario
416-671-5218
Michael@MDuggal.com
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Housing Market Nosedives As Buyers Play A Waiting Game – Toronto Real Estate