Year over Year listings are up!
The market has seen an upward movement this fall. Some leading professionals believe the impact of the Ontario Fair Housing Plan and the foreign buyers tax is starting to fade from peoples memories as a reason for this upward tick. A contributing factor may also be the upcoming mortgage changes taking place in January where new stress tests will apply to all mortgages even with a healthy 20% plus down.
On another note TREB (Toronto Real Estate Board) lost another court decision. At the end of the day the more information a buyer or seller has regarding recent sold data the more informed the buyer or seller will be. No matter how much data is shared, choosing a realtor will always be based on trust and the value of a realtors abilities!