This chart, for example, reports on the number of sold properties per month over the past few years. It shows the usual patterns in home sales and provides insight into just how quickly things can change.
The Spring Market is typically the busiest time of year for real estate transactions in the GTA. But what you might not know – especially with all the snow and frigid temperatures we've had lately – is that spring starts in February!
Now is the time of year when people are cooped up after the holidays, dreaming about brighter days, which includes buying or selling their home. Inventory and sales start picking up in early February and into the spring.
It is important that we stay informed and in tune with the market to achieve our clients' goals. The market changes on a week-by-week basis, so we work to understand the ins and outs beyond simply the Spring vs. Fall Market trends. Just look at the 2020 Spring Market anomaly that swiftly turned into one of the busiest years in real estate!
