New phenomenon in Toronto Real Estate Market - WAIT and SEE!
There has been so much anxiety pervading the market in October. Many buyers are predicting a "plunge" and "free-fall" in year 2009 while Canada Mortgage and Housing Corporation (CMHC) remains confident about the market.
Strong immigration, coupled with the high number of first-time homebuyers continuing to flood the market and downsizing baby boomers, all this activity will continue to fuel a "balanced market situation.
High employment levels, rising incomes and low mortgage rates have continued to provide a solid foundation for healthy housing markets this year. Why "Wait and See"??
What about "finding the Opportunity"?
Make sure you grab this opportunity while the market is slower than 2007 and a lot more inventories. The fact that so many potential buyers plan to stay on the sidelines for a few months, we foresee there will a lot more competition when people crowd into the market all at once. Don't miss this perfect opportunity to find your dream home!!!
I am Real Estate Sales Representative in Toronto, Canada. I was born in Hong Kong and moved to Canada 13 years ago. I enjoyed fitness traning and classical music a lot. I went to University of Waterloo and graduated with an Electrical Engineering Degree. I am an active person with lots of energy and positive attitude. Love working with people!
