Michael Duggal - Realtor

The Greater Toronto market is showing a distinct shift: the average price is $1,017,796 and home sales have risen 1.7% year over year. Even with that rise in demand, new listings have dropped 16.7% year-over-year, which has reduced the inventory available for buyers. The Bank of Canada is holding interest rates steady as they monitor how world events impact consumer confidence. The HST adjustment on new construction homes has significantly impacted the real etate market. Michael Duggal will share this market data long with a strategy on how you can capitalize on the current situation.

Toronto's Real Estate market shifted fast this holiday season. The number of sales has dropped although the number of active listings has significantly decreased meaning it's a more competetive landscape for buyers. Select areas are seeing bidding wars and homes sold quickly. I will share more about the current market conditions and educate you with your buying and selling needs.