It’s funny how as the year ‘winds down’, the season winds up at the same time, eh? December is ridiculously busy – especially in my house, where we have two birthdays to squeeze in amongst all the other action. At work, it’s staff parties; at school, it’s various performances; and then it’s the fun with family and friends!
Usually, real estate slows down a bit – yes, even in Toronto! – and that seems to be happening. It manifests as an even more acute shortage of listings, and will probably get worse during the last half of December, when some listings get taken off the market (many are likely to be re-listed in the New Year). Of course, while we may not see many new listings, a lot of existing listings will remain available (although sometimes with limited hours). If you are looking to make a purchase, don’t stop now: this might be your chance to negotiate a good deal….