Is it wise for buyers and sellers to enter the market right now? Let's look at this volatile real estate market of Toronto as our average price continues to fluctuate. While prices hiked up in March for both houses and condos, the lockdown caused the market to dip shortly after. However, in the recent week, we can see that both prices and listings have increased, with both buyers and sellers taking advantage of this spike.
In this video, I’ll share my real estate predictions. We’ll as well go over the most up-to-date statistics with the average price and number of sales in the Toronto Real Estate Market.
⏰Timestamps⏰
00:00 Volatility In The Toronto Market
00:20 Detached Average Sale Price Changes In Toronto
01:00 How Many Homes Are Selling?
01:43 Is There Still A Low Inventory Of Listings?
02:15 Months Of Inventory (MOI) For Detached Market
03:22 Highest Average Sold Price For Condo Apt. In Toronto (2021 Vs 2020)
04:17 Number Of Sales For Condo Market In Toronto (2021 Vs 2020)
04:13 My Condo Predictions
04:42 Is It A Seller’s or Buyer’s Market For Condos?
🗓 Book a 1-on-1 eXp educational call with Michael on Zoom: https://calendly.com/michaelduggal/zoom-discovery-call-1-hr
📞 Contact Michael, whether it’s about buying or selling, or learning about eXp Realty:
Direct: 416-671-5218
Email: michael@mduggal.com
Instagram: https://www.instagram.com/michaelduggaltoronto/
💻 Video Course: https://coachingrealestate.teachable.com
🔎 FREE MLS Search: http://torontorealestatenow.com/
#TorontoRealEstate #TorontoRealtor #RealEstateToronto
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