Its the media frenzy to some extent that assisted the current surge in home sales. While job growth and retail sales are steadily low, home sales are up like anything. Today’s Star article titled “Toronto existing home sales skyrocket 87 per cent” is one such example. Current stats must be compared to a high sales market. The first quarter of last year was slow thanks to the credit crunch down south. Comparing current first quarter high volume market with last years would be misleading. Readers must beware of jumping to conclusions. Though a clarification is made at the bottom which most readers will over look. Its the headline that moves.
Having said that, now is a great time to sell your property and get max value out of it. Don’t hesitate to call me for any of your buying, selling or investment needs. I can be reached at 416-830 7200.
