Home Sales SOARED in the GTA this May!

Everything you need to know about Home Sales in the GTA before you get out the door!  For more details that actually will affect YOUR decision to buy or sell, feel free to connect!  I know I can help you determine your best path forward!

Bottom line up front:

*Sales in the GTA UP by 19% compared to May 2018.  That’s huge…..except that last May was the lowest volume we’ve experienced in 15 years! Thanks to government intervention, stress tests and low supply.

*Total inventory this year is DOWN another 4.3% vs May 2018, so sales are far outstripping supply.

*Average sale prices are UP by almost 4% as pressure is applied by the competition from buyers to snap up their new home at the bidding table before anyone else gets it.

*All these sales are taking place 5% FASTER compared to last year, and so….the beat goes on!

If you (or someone you know), are looking for a Realtor who cares MORE about focusing on your concerns, goals and the successful purchase or sale of YOUR unique home, than they care about their volume of transactions and awards, please let me know the best way for me to connect.  I would love to offer my highly personal service. Contrary to that old expression, not only IS this business, but it IS personal! And, please, I encourage you to ask me any questions you may have about this post. I value your input and appreciate the time you took to read it.

 

 

#yagottalivehere.

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