The Motria Group's Market Blog: Market is taking its time to heat up
Monday Feb 26th, 2018Share
Market is taking its time to heat up…Usually by this time of year spring market is well under way and we are seeing a large volume of activity. This year things are a bit slow to start. Some segments are moving well but many are not. It’s almost March already and it doesn’t really feel like things are happening. Many homes are sitting and not selling - it’s a little perplexing. Buyers are in no rush to buy. It’s definitely a huge change to last year’s crazy busy spring market. Anything that is well priced and centrally located on the subway line is selling well and seeing bidding wars. Underpricing is risky in many locations and could leave money on the table. It’s not the easiest of times right now.