Market Updates for May

Despite COVID-19; showings, offers and sales in the GTA have continued to trend upwards. Although we are still considerably behind where we should be, the month over month statistics are trending in the right direction. Showings are up 149%, offers are up 158%, new listings are up 38.2% and sold listings are up 72.4%

Things are improving month over month and the numbers are up 15% this past week prior to the previous week. All aspects of the real estate market continue to trend upwards. With all of the positive signals and our wealth of virtual tools, there is no longer a reason to continue in a holding pattern with your real estate needs.

If you have any questions regarding the real estate market or how we are working to meet the needs of our sellers and buyers, or if you’re interested in selling, please contact us today. I know that we will come through this time stronger and by supporting each other, we’re keeping ourselves safe and our communities as well.