The market is shifting with the influx of listings across Greater Toronto Area. Buyers have more options due to the increased inventory. Multiple offers are no longer the norm. So far in June, the increase in new listings is more of a swell than the surge that it was in May.
It's inevitable, listings arrive on the market because people have to move for all of the usual reasons: new children arrive, jobs shift, couples get married or divorced. The fall market could be similar to that of last year’s – properties will change hands but not at the frantic pace of the early spring 2017 market.
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