Time To Buy — GTA Housing Market Correction Shows Signs Of Ending

October 2, 2018

The Greater Toronto housing market correction could be over as an uptick in detached sales and prices is sending signals that the end may have already happened.

The RE/MAX Back On Track Report

“After an extended period of housing market inertia, the floodgates are breaking open,”  “Upward movement in detached housing values and the threat of additional interest rate hikes in the future are prompting home buyers to get off the fence and into the market. Rising consumer confidence, job security and an economy firing on all cylinders should continue to support healthy home-buying activity in the GTA for the remainder of the year and into 2019.” says Christopher Alexander, Executive Vice President and Regional Director, RE/MAX INTEGRA, Ontario-Atlantic Canada Region..

Watch for our September Month End Uxbridge Real Estate Market Update to see how the Uxbridge housing market is fairing