Weather woes in Toronto may mean pent-up demand after March Break
iStockPhoto / Getty Images
Now, Mr. Molloy is encouraging most clients who are planning to list a property for sale to wait until after public and private schools have held their March breaks. Mr. Molloy says homeowners are discouraged from listing when the weather is bad because getting around by vehicle is so much more difficult for potential buyers. On Tranby, many of the Victorian houses do not have parking and finding a spot on the street becomes more challenging as the snowbanks build.
Royal LePage deems detached houses selling above $3,092,476 to fall into the luxury segment in the GTA. Condos above $1,543,909 in the GTA are considered luxury units in the Royal LePage outlook. “While demand for luxury houses softened last spring, demand for luxury condominiums remained consistent and strong,” Ms. Davis says. “This demand quickly put upward pressure on luxury condo prices because the inventory for luxury condo buyers isn’t there. We have a shortage of luxury three-bedroom listings with the finishes and amenities that buyers are looking for.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Don't Give Kids Or Teens Cough Syrup With Opioids: Health CanadaKids and teens shouldn't take cough or cold meds with opioids in them: Health Canada
Read more »
Finding the middle ground in the new Cold WarWhile China and the U.S. lead the race for global AI supremacy, Canada must find a way to distinguish itself as a trusted and neutral intermediary
Read more »
'The husky is not cold, leave us alone,' says lawn sign of couple dogged by complaints their pet is outdoors | CBC NewsA Charlottetown couple who have been receiving numerous complaints from people worried their dog Riley is cold when left outside are asking to be left alone, noting their pet is fine and the humane society says they're abiding by the law.
Read more »
Snowboarder safe after chilly evening lost near Cypress ski resort in West VancouverA snowboarder was cold but unhurt as he was rescued Monday night after going out of bounds at the Cypress Mountain Resort in West Vancouver.
Read more »