Healthy Real Estate Market
Since the rapid beating the real estate market took in middle of the winter there has been nothing but positive numbers this spring. As quick as the media was to report the all the negative numbers there has been a significant lag to the disclosure of the current optimistic statistics. Just like any news reported it seems like the doom and gloom gets the front page. The truth is that the Real Estate Market has been gaining momentum fueled by low mortgage rates and a surplus of homes on the market.
The numbers for May and June show that homes sales are above last year here in the GTA and in many more major cities across the country. I don’t think that it’s time to break out the champagne if you are selling your home but the outlook is much better than what is still lingering in the minds of many sellers across the country. The market is healthy from the perspective of a seller or a buyer so lets stay in the moment not the past.
For more info check out this article.
ByTheOwner.com
