26 Jan These are the 3 Toronto real estate trends to watch for this year.
Original article via BuzzBuzzHome. Click here to read.
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.