Toronto’s new housing market reality: ‘non-buyer’s remorse’.

Original article via Globe and Mail. Click here to read.

House hunters in the Toronto area lamented for years that sellers had a tight grip on the market. Now that tension has eased and buyers often wield the power.

It’s hard to fathom why so few are seizing it, according to real estate agent Geoffrey Grace of ReMax Hallmark Realty Ltd.

He points to one house that was listed with an asking price of $4.2-million and recently sold for $3.6-million. All the time it was on the market, buyers were circling.

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