2020 is shaping up to be a great year for sellers.

Thursday Jan 02nd, 2020

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I often hear from clients wanting to know when the best time to sell their home is. 

The reality is that any time can be the right time for a home that is properly prepared, priced and marketed. However, there are times when market conditions make it particularly beneficial for a seller or buyer to jump into the housing market. 

Right now across Canada, we are at the lowest number of homes for sale in 12 years-- that means we are shifting into a seller's market where the seller may have the advantage. 

What does that mean for you individually? As a buyer, it means it could be the time for you to act, as home prices are not likely to drop and are actually likely to rise. 

As a seller, odds are in your favour for a sale at a good price. This may not mean the crazy over-value prices of a few years ago, but could mean a healthy profit if you bought before the last peak in 2017.

If you'd like to chat about how this works for you as a buyer or seller please contact me here

Canadian real estate sees lowest number of homes for sale in 12 years.

 


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