The Motria Group's Market Blog: We are not sure what to make of the market
Tuesday Nov 06th, 2018Share
We are not sure what to make of the market. Some properties are selling quickly, some are not. We have seen some excellent sales - many going well above list price. Condos in the $400,000-$600,000 range in urban areas are going like hotcakes - many way over their list price. Pre-emptive or bully offers are very common. You have to be quick, well-prepared and very ready to go with certified cheque in hand. I’m not sure how the first time home buyers are managing. I hope that all these deals that are going through actually close. It’s easy to get ahead of oneself.