Toronto Real Estate Market Watch 01/19
A year in review….and looking ahead.
2018 was a very interesting year; we saw an adjustment from the unsustainable 30% year over year growth which contributed to immense speculation within the market, and how ongoing regulations continued to shape the landscape of Toronto real estate. As we move into the new year, buyers and sellers are taking a deep breath and looking forward to a more balanced market. Inventory may continue to be an issue, but time will tell if It can live up to the ongoing demand while remaining a factor in holding values at strong levels. Regarding the east end, we’re seeing a lot of momentum within the neighbourhood, as inquiries from our clients continue to mount. The east end will always retain a strong value for investment due to being a coveted area for homeownership. Buyers in this area want the best of both worlds: the city within reach of a tight-knit community.