We're still seeing the effects of COVID-19 and the government requests to socially distance.
Listed properties are down 50% over last year however sellers are holding strong on prices which means home values have actually risen by 1.9% over the same time last year.
On the ground we're seeing sellers and buyers slowly but surely get back into the market. Week over week activity has been rising and people are becoming comfortable trading in real estate again.
As the restrictions continue to loosen up we expect to see a very busy Q3 and Q4 2020 in Toronto Real Estate.