Tuesday, February 4, 2020

Spring 2020 Market In Full Swing

It may be winter but spring has sprung.
If you're a potential home seller and waiting for the tulips to sprout then you're waiting too long!
The Spring market is in full swing and the Seller's are going to benefit this year. The inventory is at an all time low in Pickering - meaning those few homes that are for sale will be in big demand.
"Increased competition between buyers has resulted in an acceleration in price growth," said TREB's chief market analyst, Jason Mercer, earlier this month. "Expect the rate of price growth to increase further if we see no relief on the listings supply front."



I've recently listed two homes that both sold within one day, proving TREB is on the right track with their market predictions for 2020.
"It's no secret that market conditions in Canada's largest cities have been largely defined by a growing supply and demand gap," explains Zoocasa's managing editor, Penelope Graham.

If you're thinking of listing this spring - List NOW!

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