Monthly Market Snapshot
#marketsnapshot November 2022 the SUPPLY of home sales REMAINED LOW - down by 49% compared to November 2021
“Selling prices declined from the early year peak as market conditions became more balanced and homebuyers have sought to mitigate the impact of higher borrowing costs. With that being said, the marked downward price trend experienced in the spring has come to an end. Selling prices have flatlined alongside average monthly mortgage payments since the summer,” said TRREB Chief Market Analyst Jason Mercer.
Whether you are considering Buying or Selling in this market, a strategic action plan is necessary for success and that's where we deliver results.
#fhkexperience #marketupdate #novemberhousingmarket #torontorealestate #miltonrealestate
