Toronto's real estate market continues to be strong and steady, though we're no longer setting records in terms of the number of homes changing hands. However, records continue to be set with sale prices: the average price for a home in Toronto was $1,116,736 in May!!
Though bidding wars can push up the average price, it's ultimately the market that decides the value. My latest blog below discusses why you're seeing so many "Sold Over Asking" signs around the city.
You'll also find a link to all the things happening in Toronto this month. They're still mostly virtual, though Mirvish has announced one "in person" event.
As always, I thank you for your past and future business...and any referrals of friends or family you may have are greatly appreciated!
Royal LePage Real Estate Services Ltd.
416 921 1112