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128 Glendale Ave.
128 Glendale Ave.
128 Glendale Ave.
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July 3, 2022
Recent Market Adjustments Are Not Cause For Alarm

It’s no secret that the GTA Real Estate Market has seen explosive growth over the past two years, due in part to exceptional circumstances such as the pandemic and historically low interest rates. The recent market adjustments are not cause for alarm and may actually offer a window of opportunity.

For buyers there’s an opportunity to take advantage of more negotiating power for some properties. Those who are locked into pre-approved interest rates will be eager to close before those rates expire.

''After a strong start to the year, the current rate tightening cycle has changed market dynamics, with many potential home buyers putting their purchase on hold. This has led to more balance in the market, providing buyers with more negotiating power,'' said TRREB Chief Market Analyst Jason Mercer.

For sellers, pricing is key. A trusted advisor is essential to support you through these market adjustments. What we are seeing in today’s real estate scene isn’t new and current market patterns are similar to what transpired in 2017. We witnessed the market slow down for a bit, but it remained resilient and continued to increase over time.

Now, and in the coming months, strategy will be crucial. We at the Dan Cooper Group have the experience, knowledge, and resources to help you navigate the fluctuating market conditions. In over 30 years of service, there's nothing we haven’t seen before - Get in touch today!
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