A final flurry in Toronto real estate lifts early 2024 outlook
A surprisingly strong showing for Canada’s housing market in December may signal an auspicious beginning for the spring market in 2024. But while sales in the final month of 2023 proved better-than-expected, some economic pundits are advising home buyers and sellers against presuming an end to the slump too quickly.
Patrick Rocca, Toronto-based broker with Bosley Real Estate, says some shrewd buyers submitted offers towards the end of the fall market, when prices had weakened and pessimism pervaded the market.
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