There’s something wonderful about this stretch of spring in Toronto. The city finally shakes off winter, the trees start doing their thing, and suddenly weekends fill up with reasons to get outside. Between the bright yellow burst of the Forsythia Festival and the slower, more curious pace of Jane’s Walk, it’s the kind of season where you don’t need much of a plan – just a good pair of shoes and a bit of time to wander.
March brought a modest year-over-year increase in Toronto home sales, while fewer new listings helped tighten market conditions a little as the spring market gets underway.
It’s an encouraging sign, but still too early to know whether it marks the start of a real trend, especially with prices continuing to soften and buyers still having solid negotiating power. The Bank of Canada announced that there would be no change to they key rate of 2.25%, where it’s been since October.
Connect With Your Cabbagetown Realtor
See how I can help you plan and manage your transaction seamlessly.
