An Upswing in the Market?

It has often been said that what happens in the Toronto real estate market follows in Waterloo Region a short time later. I have found this to be very true.

With this in mind, I find an article in the Toronto Sunday Star to be very encouraging. Nobody has predicted that numbers (sale prices and sales volumes) will return to 2007-08 levels, but this article seems to speak differently.

For sure, buyers who have been sitting on the sidelines for the past six months are getting back into the game. Multiple offers ove the ask price have been fairly rare over the past six months.

We have seen some positive changes in the market here since March. Maybe this will continue into the summer.

Here is the article from the Sunday Star