There Are Now Even More Houses For Sale in the Greater Toronto Area - Will Real Estate Prices Drop?

The inventory of homes available for sale on the Toronto Regional Real Estate Board has increased even more. We're looking at over three months of inventory now, almost touching four months -- which would put us closer to a buyer's market. But why aren't prices dropping that much... or at all in some places?

On this episode of Real Estate Chat, Robert Ede (http://www.unclebobexplains.com) and Johnder Perez (http://www.johnder.com) look at the June numbers so far to gauge where the summer market is headed.

At a glance: slow sales, lots of listings, but steady prices. Indicators suggest we're headed into a buyer's market. Some say we're already there. But certain neighbourhoods remain competitive. What gives?

We also talk about advice for home sellers -- depending on whether or not you really need to sell this summer.

And we tell buyers how to negotiate in this market.

Watch this episode to learn about the summer real estate market in the Greater Toronto Area and what you should know to make the right decision if you're making a move.


Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/larry-kudlow-biden-imploded-before-our-eyes