Learn where homes have sold at an accelerated rate, thereby determining the current most competitive markets in the province.
Ontario's real estate market experienced a slow start at the beginning of the year, with buyer hesitation lingering from the uncertainties that shrouded the latter half of 2022. Amidst these prevailing concerns, prospective homebuyers found themselves treading cautiously as they navigated the market's shifting terrain.
In this article, we will share the most sought-after regions and gain valuable insights into the elements that continue to redefine the way Ontario residents approach their property search. Orangeville, in particular, experienced a remarkable turnaround, with homes now selling in a mere 14 days on average, down from the previous 60-day average. Similarly, Milton's market has seen a notable improvement, with properties selling 33 days faster than they were in January, bringing the average down to just 14 days.
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