Loading...
Mark Harris Real Estate

YOUR MONTHLY GTA MARKET UPDATE: 


DECEMBER 2020

Questions about the market for a specific Community? Fill out the form below and specify in Additional Comments!






MORE COMING SOON! 


SUBSCRIBE TO OUR MONTHLY NEIGHBOURHOOD UPDATES!


YEAR-TO-YEAR COMPARISON 

DECEMBER 2020 MARKET UPDATE


In the month of December, the housing market continues to be in a high demand as the transaction activity was up by 32.1% year-over year. 


The demand is high right now as there are fewer newly listed properties (1.6%) compared to previous months.


For first-time buyers, the condo market is absolutely great as many owners are looking to upsize their home, thus leaving a wide variety to choose from. 


The Canadian housing is overall strengthened despite COVID-19 and people continue to move out of the city.


Mortgage rates are also at an all time low right now, providing an opportunity for people to buy.


Call Me Email Me