Posted by diabloblanco on 2nd of Jan 2023 at 06:09 pm
I agree at this point in time the Toronto market has really not
been impacted other then the bid over price has left the market .
I just sold a house for 1.05 mil that I bought in 94
for 189k closed sept 22. 6 months prior
to the sale a house listed for 1.1 went in a couple days for 1.3
same street but those 6% rates could cause a lot of motivated
sellers that will be underwater
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I agree at this point
John Roque (used to be a market technician for Soros ...
Posted by diabloblanco on 2nd of Jan 2023 at 06:09 pm
I agree at this point in time the Toronto market has really not been impacted other then the bid over price has left the market . I just sold a house for 1.05 mil that I bought in 94 for 189k closed sept 22. 6 months prior to the sale a house listed for 1.1 went in a couple days for 1.3 same street but those 6% rates could cause a lot of motivated sellers that will be underwater