May

Toronto Homeowners Are Suddenly in a Rush to Sell

Home Capital woes combined with new tax measures cool market
Listings soar in first half of May as sellers rush in

Toronto’s hot housing market has entered a new phase: jittery.

After a double whammy of government intervention and the near-collapse of Home Capital Group Inc., sellers are rushing to list their homes to avoid missing out on the recent price gains. The new dynamic has buyers rethinking purchases and sellers asking why they aren’t attracting the bidding wars their neighbors saw just a few weeks ago in Canada’s largest city…

Categories : Real Estate

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Toronto Homeowners Are Suddenly in a Rush to Sell

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