MARKET UPDATE FOR THE WEEK ENDING SEPTEMBER 9TH, 2016

Bosley logo Market InsightParents Unite. We made it through the first two week of school. One thing is for sure…the real estate market never sleeps. Sure it ebbs and flows but it is alive and well in the 416.

The freehold sector witnessed a 41% increase in new listings last week which clearly signaled the start of the fall market. As we have seen time and time again, there is a week long lag in sales as holdbacks to offer night afford ample opportunity to view homes. Last week was no surprise. Sales were lower than the previous week (mostly due to one less day of trading) even though almost 62% of the homes that did sell sold at (more…)