Toronto Real Estate Market is Heating Up For Spring (February 2022)
Monday, Mar 07, 2022
Toronto Real Estate Market is Heating Up For Spring (February 2022)
At this current moment, I don't think we can predict what the real estate market is going to do over the next 6 months. What we do know is that interest rates are holding steady, inventory is growing, and people are continuing to get paid the same amount they were before. Typically you'll see both inventory and demand grow heading into the spring market and this is where we'll see the bulk of our annual transactions. We've seen huge price movement already in 2022 so we will see if that will continue or if we will level off heading into Spring.
In this video, I explain what I currently see happening in the Toronto real estate market and my opinion on where I think we're heading.