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Challenging the Narrative of a Softening Market
Manage episode 380577861 series 2820985
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Des teams up with Asif Khan to discuss the current real estate market in Toronto. Despite sensational headlines suggesting a plunge into a buyer's market, they argue the market remains a seller's market, albeit quieter in terms of units sold. Prices continue to climb, with the average price up 3% compared to last year.
Listings are up by 44% compared to last year, leading to longer days on the market before a sale. Sellers need to price their properties correctly for the current market and to sell before buying in this market.
Listen For:
5:26 Current market statistics
9:11 Strategies for sellers
11:00 Sell before buying
13:32 The 10 10 Rule
Guest: Asif Khan, RE/MAX Prime Properties
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Radio Show Co-Host 105.9 The Region
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Recorded in Sep 2023
98 episode
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