Summer starts in June, so it's no wonder that the Spring Market wraps up in the same month. With that being said, the transition from the Spring to the Summer real estate market across the Greater Toronto Area was more abrupt this year and unlike anything we have seen going back almost 30 years.
In this video, we will take a look at what Benjamin Tal thinks will happen with rates, what is happening with sales and listings form May to June and what is happening with home prices on a weekly basis.
0:00 - Intro 1:01 - The future of rate hikes with Benjamin Tal 2:13 - Probability of future rate hikes and cuts 3:09 - An interesting trend emerging in GTA Real Estate 3:49 - Toronto Rundown 5:01 - Durham Region Rundown 5:37 - York Region Rundown 6:12 - Peel Region Rundown 6:25 - Halton Region Rundown 8:09 - What is happening with GTA home prices on a weekly basis? 9:40 - Outro
How many homeowners missed the Spring Market? | GTA Real Estate 2023