By: Robert Clancy
General News
The Toronto Real Estate Board reported a 3% decrease in Sales from this time 2010. The numbers of new listings is down by 21%.
Strong economic news and low interest rates has kept consumer confidence strong. A lack of listings is what is slowing the market right now. Spring Season tends be one of the strongest Real Estate Season in the year. As the weather picks up we do expect to see more listings on the markets which in turn will help sales.