In her latest CTV segment, Peggy breaks down what we can expect as May market numbers are set to come out next week, and why there’s reason to feel hopeful heading into summer.
Peggy explains that we’re starting to see a base form in the market, especially from the south. Toronto is busy, Bradford is busy, and while Midland still has more inventory than Bradford, that tells an important story. Buyers may not drive to Midland when they can find similar price points in Barrie, but as Barrie prices continue to move up, Midland becomes a stronger option.
The big takeaway? The market is starting to move.
First-time buyers are active, second-time sellers are stepping back in, and inventory is beginning to shift. May is expected to bring stronger numbers compared to last year, and as Peggy shares, once a base is built, the market can start building from there.
Peggy also touches on new construction inventory and how incentives and rebates are helping create movement in that space as well.
Tune in to watch the full segment and hear Peggy’s complete market outlook.
NEXT STEPS
Take the next step towards securing your dream home. Whether you’re a current homeowner looking to make strategic moves in this evolving market or a potential homeowner eager to navigate the path to ownership, our team is here to support you every step. Ready to explore your options and make informed decisions? Contact us via our contact page to schedule a personalized consultation with one of our experienced advisors.
Wondering about the current value of your home amidst spring housing trends? Take advantage of our free home evaluation service to gain clarity on your property’s worth in today’s market.
