What will the Toronto GTA Real Estate Market be like in 2019?
Monday Feb 11th, 2019
Forcast for Sring 2019
The Toronto Real Esate Board recently released its 2019 Market Outlook. http://communications3.torontomls.net/newstand/news/2019/mn1902/pdf/nr_market_watch_0119.pdf
TREB is predicting a moderate growth in 2019, with the Stress test imposed by the government in 2018 playing a big role in affordability. We will likely see moderate price growth this year due to some economic uncertainty and strickter lending rules . Manny Buyers who moved to the side lines last year due to new government policies, will be more confident this year in making a move.
I strongly believe that an educated Buyer or Seller will always have the knowledge to make the right decision. I always encourage my clients to ask me questions and I promise that if I don't have an answer I will get it for them. I am an avid believer that knowledge is power and I love educating my clients on anything that will impact possibly the bigest purchasing decision they will make in their life. I am never to busy for a chat over a hot cup of coffee!!