The Motria Group's Market Blog: Listing supply is still low.
Monday May 07th, 2018Share
Listing supply is still low… Central Toronto remains short on product. Buyers are somewhat frustrated as they are motivated to buy but very few listings are coming up in the pockets they want. Therefore, there’s bidding for good houses. The few that do come up are not always appropriate. Hence, we have a bit of a stalemate. Fringe areas of the GTA are moving slowly and houses are not always selling. We are seeing many price changes in these areas as motivated sellers want to entice buyers to buy their house. Once again pricing is key.