August brought a noticeable cooling to the Greater Toronto Area market—just 2% of neighbourhoods saw bidding wars, and the majority of properties (a full 79%) sold for less than their asking price. Single-family homes were particularly affected, with 95% of these neighbourhoods, along with 98% of condo areas, seeing below-asking sales. As someone who’s spent over 20 years immersed in GTA real estate, I see this shift as an opportunity for buyers to approach the market more strategically. Leveraging my background in both real estate and mortgage solutions, I help clients navigate evolving conditions to find value and negotiate with confidence.
Continue to full article
Leave a Reply