Canadian Real Estate: Lack of Inventory Puts Upward Pressure on Pricing.

October 16th, 2009 // filed under: Business, Buying in Toronto, Downtown Toronto, Real Estate, Selling in Toronto, Toronto

Here are some important statistics that were made available by the Canadian Real Estate Association that highlight housing inventory for sale in Canada, Ontario and within the Toronto Real Estate Board. These figures point to a distinct lack of inventory at present in all areas but especially in the Greater Toronto Area. It makes it a great time for Sellers to sell but conversely difficult for Buyers to find property. Hopefully this will loosen up over the next few months but in the meantime there will probably be upward pressure on pricing. I would suggest opening the slideshow to FULL for proper viewing.

Canadian Real Estate Association Inventory Stats

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This entry was posted on Friday, October 16th, 2009 at 11:35 am and is filed under Business, Buying in Toronto, Downtown Toronto, Real Estate, Selling in Toronto, Toronto. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Richard Silver

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