The Real Estate Market is Cooling Off! 4 Stats Prove it!

Real estate spring market is cooling off. So far in June, we're seeing fewer sales and more price drops. This is the sign the market is starting to shift once again. By no means should you consider this a crash and start putting in low ball offers because prices are still holding somewhat steady but it does show with more inventory coming to the mls there should be less panic amongst buyers.
4 stats I look at in this video are:
- Number of homes sold and comparing to the last 2 month
- Price drops, how many homes dropped their price
- how many homes are sitting on the market for longer than 3 weeks
- how many new listings have come to the market.
The 5 regions I focused on are: Halton, Peel, Toronto, York and Durham.

#torontorealestate #canadarealestate


Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/its-begun-the-collapse-of-commercial-real-estate