The Ontario Real Estate Association(OREA) has new research showing Ontario residents are most favourable to an increase in Real Estate. In fact 59 per cent of those polled feel the Real Estate Market in Ontario remains favourable.
Looking ahead to 2014, 33 per cent of respondents feel Real Estate will strengthen.
Current home owners, 67 per cent of them, believe real Estate is favourable compared to 47 per cent who don’t own a home.
The optimism of prospective buyers and sellers will definitely play out in 2014.
The Toronto Real Estate Market is staying healthy and resilient overcoming any small talk of a forthcoming housing bubble going into 2014.
Buying or selling a Toronto Condominium or other Toronto Real Estate? Please fill out this contact form and contact Iris Li, Toronto Re/Max Sales Representative for more information.