VIDEOS

---

• In this episode we cover listing inventory for (Toronto/GTA/Ontario) 
• July sales data from  the Toronto Real Estate Board 
• Recent closure of one of Toronto's largest Real Estate brokerages 
• Feed back from my 5 question survey 

Question 1:   How confident do you feel about the  real estate market over the next 12 months? Very confident – somewhat confident – neutral – somewhat concerned – very concerned  

Question 2:   Do you think now is a good time to buy, sell, or wait when it comes to real estate? Why? Buy – sell – weight – not sure –  

Question 3:  How much have rising interest rates and inflation impacted your real estate decisions? A great deal – somewhat – not much – not at all  

Question 4:   How do you feel about the long-term value of owning property? On a scale from 1 to 10, 10 being the most positive.  

Question 5:   Which of the following global or local issues concerns you most when thinking about the economy and real estate?  Rising interest, inflation, cost of living, political instability, housing, affordability, global economic uncertainty, climate related risk

A very slight uptick in sales volume from May to June may not be what it seems. How can you determine how the market is trending? What helps and what hinders?

Along with a market shift that favours buyers, opportunists' have come out of the woodwork to take advantage of some would be sellers.

The BOC holds the policy rate at 2.75 citing core inflation concerns. Inventory continues to rise to new heights and some agents are resorting to new strategies to attract home buyers.

Record number of listings across the GTHA have effectively created a full blown buyers market, or has it?