2017 Real Estate Predictions

South Etobicoke 2017 Real Estate Predictions

  1. More South Etobicoke home owners will chose to renovate versus move.
  2. There will continue to be a high demand for both detached bungalows, and town homes in South Etobicoke.
  3. Home buyers will prefer both fully renovated homes and homes in original condition.
  4. More buyers will include a financing condition with their offers as the new mortgage rules are in full force.
  5. Offer dates and bidding wars will continue for high demand homes.
  6. There will be an increase in homes priced over $1.2 million on the market as more new builds are listed.
  7. Builders will be priced out of many South Etobicoke neighbourhoods as prices have reached a saturation point.

So you have it, our 2017 Real Estate Predictions for 2017!

 

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