The Motria Group's Market Blog: We are heading into week 2 of Emergency Act

Monday Mar 30th, 2020

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We are heading into week 2 of Emergency Act measures and it feels like in many cases we are in a holding pattern. Buyers don’t know if to buy and sellers don’t know if to sell. The next week will be telling on how things go. Despite all this, we are seeing some good sales in different price ranges. There are not a lot but they are happening. Pricing is key. Pricing lower in hot neighbourhoods can generate multiple offers and sales over list. There have not been many sales over $2 mill in the last 10 days. That price range appears to be on pause. 

 


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