EXPECTED TO RISE

Toronto Real Estate Board

Expects sale prices in the GTA to rise in the second half of this year, with competition among buyers to heat up. Recent indications are that buyers are ready to enter the market again.

RE/MAX CANADA & OAKVILLE

A balanced market is expected in Oakville for 2023, with sale prices to increase 2% over 2022 and the number sold to fall by -5%. Move-up buyers are expected to drive demand, with single-family homes in the highest demand.

THINKING OF DOWNSIZING OR MOVING?

Start looking now before the market changes to determine your needs, where to go, and what you can do. Get your home ready so that you can sell while the competition is low. We will provide free consultation and the services to ensure your home is the most appealing in its class to get the most interest and highest value.

Leonardo and Angelica,

There’s plenty of opportunity to get a great price for your home. There is little competition right now; the numbers available for sale are down dramatically over the last 12 months. If you’ve thought about selling this year, give Nancy a call at 416.520.4785 and let her provide you with a thorough market analysis.

Through the last few years, the real estate market has been highly unpredictable. 2020 saw the market flatten out briefly before a slow build-up. 2021 was the first year of explosive growth, which led to a volatile start to 2022. By the middle of the year, interest rates catapulted, and the market slowed greatly. However, experts are predicting good signs for the market ahead! Tighter market conditions will be driven by increased demand for ownership, lower fixed mortgage rates, a

“This is the second house we have sold with Nancy and she again came through for us! We had just bought a house in Toronto, and from the time we contacted her to discuss putting our house on the market to the day we sold, was a mere 30 days! This included having our house staged and decluttered. She even arranged for help with moving some furniture into the garage, which we couldn’t manage on our own. Nancy also is very good at following up with agents who brought clients through the house and negotiating the final sale. Thanks again, Nancy!”

MARKET ACTIVITY MARCH • 2023

There Are 9 Homes Currently Active In Ford

Ford Homes Recently Sold