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To all the specialized real estate agents is the market for real estate up or down? Would it be a good time to buy or sell as of right now?
User Image Matthew ourique Posted at 6 months ago
Max Cerruto Image Max Cerruto - Aura Signature Realty Inc. Sent you a message - 6 months ago

Overall, I’d characterize the market in many parts of Ontario and major Canadian metros as “soft, transitional, and regionally bifurcated.” It’s no longer a red‑hot seller’s market everywhere, and many areas have tilted toward buyer-favouring conditions. So, is it a good time to sell? Possibly — if your home is in a strong submarket, and you price right. Is it a good time to buy? Also possibly — especially if you find something good, negotiate well, and have flexibility on timing. If I were advising a client at this moment, I’d lean buy (rather than sell), especially for those who can be patient and selective, because:     •    I expect rates to ease further (or at least not spike), which could push demand back up.     •    The elevated inventory gives room for choice and negotiation.     •    You can lock in something under favorable terms before potential upward pressure returns. That said: the decision should be made on your specific property, your market (city / neighbourhood), your financing, and your goals.