Thoughts From Judy Stacee-Cleaver
Broker of Record, FRI, ABR, ASA
Durham Region Stats were lower this month as were several other regions in the GTA.
Sometimes where you live determines whether you are going to have a surge in value.
Vancouver was the hot spot for years , then the BC government imposed a Foreign tax and other road blocks to slow investors, then the prices dropped.
Toronto was next to experience this craziness, and the prices dropped. Now it's Montreal that is experiencing this high and guess what! The prices will drop.
Toronto was hit hard last year, like someone had thrown a wrench in the works. Since it stopped, it's taken a long time to get going again, but slowly and cautiously we are moving forward.
We have been inundated with statistics, often presented in such a way that it's confusing the public.