All these medians and averages mean nothing. Either u got the money and income or not. What good is that to me if a house is cheaper in Sudbury. I live in gta
End user? Investor? Right now, I don't think you are hurting yourself by waiting, either way. That being said, lots of questions I'd ask you ahead of you making the final decision!
@@igboman2860 I think rates will still have an effect on bringing prices down in the near term. Rate holds for buyers are running out, so purchasing power is still going down. The thing that makes prices sticky is when sellers aren't forced to sell. Once they are in a position where they have to sell, you start setting new precedence for a neighbourhood and future sellers are forced to accept less if they want to sell. I am seeing it in pockets of Durham right now. All this is to say that I don't think you are hurting yourself by taking your time right now. You aren't missing out on getting into the market by taking a wait and see approach, in my opinion.
Very good information real estate market
same data but fresh insights as usual. and clean! thanks Rob!
Thanks, Guan!
This is the biggest country in the world, with the least population density. Only Canada and Canadians can achieve this.
Number one in hockey and real estate speculation!
A lot of TCHC homes in Toronto, but most people dont want to move into high risk neighbourhoods.
All these medians and averages mean nothing. Either u got the money and income or not. What good is that to me if a house is cheaper in Sudbury. I live in gta
I am going to ask you a question we customers like to ask. Buy now or wait?
End user? Investor? Right now, I don't think you are hurting yourself by waiting, either way. That being said, lots of questions I'd ask you ahead of you making the final decision!
@@robertmarsigliorealtor end user
@robertmarsigliorealtor my biggest worry is rising rates and the fact that prices don't seem to be slowing down.
@@igboman2860 I think rates will still have an effect on bringing prices down in the near term. Rate holds for buyers are running out, so purchasing power is still going down. The thing that makes prices sticky is when sellers aren't forced to sell. Once they are in a position where they have to sell, you start setting new precedence for a neighbourhood and future sellers are forced to accept less if they want to sell. I am seeing it in pockets of Durham right now.
All this is to say that I don't think you are hurting yourself by taking your time right now. You aren't missing out on getting into the market by taking a wait and see approach, in my opinion.
@@robertmarsigliorealtor thank you for sharing your opinion