Real Estate Market has finally cooled

LACKIE: Seller expectations remain sky high as real estate market cools

 

For the majority of my decade in real estate, it has seemed that all one needs to do to sell a house in this town is stick a sign on the lawn and wait for a herd of crazed buyers to appear. 

 

In what can euphemistically be referred to as a “seller’s market,” the imbalance produced by low inventory coupled with strong demand has simply been our reality in Toronto for longer than it hasn’t. And the COVID-19 pandemic has only made it more pronounced.

 

Read the rest of his article here.