What`s selling? Who`s buying?

[Ally]

Julie and Grant Wethers would like to bolster the number of sales in the Toronto real estate market. They just can`t find a house they want to buy.

The couple have been searching for about six months now, since returning from Calgary last fall.

And while prices in the Toronto area have slipped, they haven`t tumbled the way many buyers were anticipating.

"That`s been a relief to a lot of people, but not to us," Mr. Wethers says.

The shift from a seller`s to a buyer`s market in Toronto has created a paradox: Homeowners are reluctant to list their properties because they fear they won`t sell for a good price.

Read the full article here.

 

[Thomas Beyer]

To be a smart investor you have to do all three, all the time: buy, sell and hold/improve with cash-flow !

 

[terri]

very accurate article,

the toronto market hasn`t tanked, I`m still seeing a lot of traffic on good properties, bidding wars, sale prices over asking. Of course there are properties out there that have been sitting and dropping their asking price, but the good ones go fast.

Terri (still waiting for that fire sale)