The Motria Group's Market Blog: We are not sure what to make of the market

Tuesday Nov 06th, 2018

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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.


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