Good Morning and Happy Family day ! inventory is starting to pile up we just hit 6740 units across the GTA and Toronto up 1000 units with 1831 units selling up 100.

Even with the amount of homes selling we are still flooding the market with inventory which is a good sign for a balanced market coming soon,

This is great time to start the purchasing process as we are starting to see some weakness in the market. The first sign is the amount of offers being submitting on properties for example in December/January and early February for example for a Town Home in the Gta we would see upwards of 20 to 30 offers and today we are seeing 8 to 12 offers, in the past no bully offers were being looked at and now sellers are considering the second sign is the amount of showings being booked on the properties we also have seen that amount drop significantly. This could the end of the first wave with the second waive of buyers approaching or with the interest rate hikes next week maybe we reached the peak and now its time for to defend back to normality.