top of page
Search

December 2021 Market Report For GTA

  • Frank Pento
  • Jan 18, 2022
  • 1 min read

Updated: Jan 19, 2022

This monthly market report compares sales year over year for a specific market.



Low Inventory Continues To Drive Pricing

With listings at an all time low, buyers struggle to compete in this tough sellers market. Multiple offers on almost every listing leave buyers wondering when will this madness end. In addition to low inventory, investors seem to be propping up the market with TREBB reporting that investors account for 20% of all GTA purchases.


Changes Ahead?

CHMC and BoC have been working hard to complete studies as to what may help cool off this hot housing market. Some proposed changes include: anti-flipping tax, down payment restrictions, banning blind-bidding, and additional tax for homes over $1,000,000. How do you feel about these proposed changes?


 
 
 

Comments


Your trusted team in all things real estate across the greater Toronto area

TO CONTACT OUR TEAM 

PLEASE CALL OR EMAIL US:

Office: 905-681-5700

Email: matthew@obrealtyteam.com

ALTERNATIVELY YOU CAN FILL

IN THE FOLLOWING CONTACT FORM:

Thanks for submitting!

  • Instagram
  • Facebook
  • Twitter
bottom of page