"Competition between buyers continued to increase in many segments of the GTA ownership housing market in July, which fueled a further acceleration in year-over-year price growth in July compared to June" - Toronto Regional Real Estate Board Data

"Competition between buyers continued to increase in many segments of the GTA ownership housing market in July, which fueled a further acceleration in year-over-year price growth in July compared to June" - Toronto Regional Real Estate Board Data
"More households choose homes in the suburb, since working from home reduce the need for travel and transit costs".
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The novel coronavirus came along to devastate almost every sector of the global economy. Canada’s real estate sector is one of its most impressive industries due to the massive demand for real estate and increasing immigration. The onset of COVID-19 did not leave the real estate sector alone.
Wishing all those who celebrate a very Happy and a Prosperous Eid Mubarak

"Home price growth is projected to hit a national avg. of 6.1% in 2020, compared to a 2.3% increase last year. Here in Ontario, home prices are forecast to increase 8.3% in 2020, while Toronto could see an increase of 7.8%, compared to 4.1% in 2019" - TD Bank Forecast
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"53% of home buyers say they are more likely to buy a home in the next year due to the pandemic.