Current Market Trends

Real Estate Market in Flux

Thursday, May 09, 2013

If you've been following the real estate news at all over the past few months, you'll have seen that the market is in flux at the moment. This shift towards smaller price gains and somewhat fewer sales overall is happening at both the national level and the local level here in Toronto and the rest of southern Ontario.

In all the doom and gloom predictions, though, there are a few things you should remember if you're considering buying or selling a home. First, the experts disagree quite strongly as to whether we're seeing a protracted downturn in the market overall or, conversely, a stabilizing and balancing of a market that had been previously overheated. And second, it's important to remember that averages don't tell us the whole story, or even very much of it: if you are considering a purchase or a sale, you'll need to know about the micromarket(s) you're dealing with. That's why you need a knowledgeable agent who understands the market as a whole and the micromarket in which you'll be buying or selling.

If you'd like to discuss how I can help you fulfill your real estate goals, please give me a call or send me an email anytime.

{encode="paul@iknowluxuryhomes.com" title="Paul Sarradet"}
Sales Representative
Harvey Kalles Real Estate Ltd., Brokerage
2145 Avenue Road | Toronto, ON M5M 4B2
Client Line: 416.841.5432
Office: 416.441.2888 ext. 313
Fax: 416.441.9926

 

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"Trustworthy and professional, Paul Sarradet (read his warm personality) knows how to make you feel comfortable while he takes the time to understand
you - and your needs. Paul truly cares about his clients and also knows how to put them at ease, making it really easy to work with him."
~ Marjorie, Toronto