March 2, 2022|
patriciakatz|
Toronto Real Estate Market Information — Mar. 2 2022
- Purchasers cited affordability as a barrier to buying due to the high demand and limited supply of housing
- in-person viewings of listings remain a challenge,
- Some buyers have also reevaluated their search criteria as higher home prices and the newfound possibility of remote work weigh into the decision.
- Sellers have indicated some hesitancy to list their properties for sale as they remain wary of open houses during the pandemic.
- Owners are also concerned about the prospect of finding a new property within their criteria to either downgrade or upgrade
- Another Year of Low Supply and High Demand
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