The 2018 Spring Market Trends Report
The 2018 Spring Market Trends Report for Canada is out. Click here to download your free copy.
High demand and limited inventory continue to make the Greater Toronto Area a seller’s market. The new OSFI regulations, foreign buyer’s tax, rising interest rates and immigration growth have all impacted sales and activity in 2018. Activity in the Greater Toronto Area was primarily driven by move-up buyers, many making their second or third transaction. Detached single-family homes are seeing the most activity, followed by condominiums. Continue high demand for condominiums is expected for the spring market.