27 Jan These are the 3 Toronto real estate trends to watch for this year.
Original article via BuzzBuzzHome.
2017 was a strong year for Toronto’s real estate market, and many industry watchers are predicting a cooler start to 2018. But what other trends does the year have in store? One expert has a few ideas.
“The number one trend we’re seeing heading into the new year is a decline of new single-family home sales, and a corresponding increase in new condo sales,” Altus Group senior director Matthew Boukall tells BuzzBuzzNews. “So sales are steady, treading water, but there’s a shift in what people are buying.”
New construction homes aside, Boukall has plenty of other predictions for what 2018 could have in store for Toronto’s housing market.CLICK FOR THE FULL ARTICLE