Posted on
February 7, 2022
by
Jim Stanton Broker
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The sellers market continues in January 2022, with lots of demand throughout the GTA and surrounding areas and extremely low inventory.
![➡️](https://static.xx.fbcdn.net/images/emoji.php/v9/t1f/2/16/27a1.png)
Expect demand to continue in 2022 with some buyers leaving the market when interest rates increase, but a lack of inventory will persist keeping market conditions tight.
![➡️](https://static.xx.fbcdn.net/images/emoji.php/v9/t1f/2/16/27a1.png)
TRREB is predicting a dip in the total number of homes sold through TRREB in 2022 with 110,000 sales and price increases of 12% putting the average price of a home to 1.2M.
Wondering how to take advantage of these market conditions or have a real estate question? Just ask.
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905-995-3372
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bstantonrealtor@gmail.com
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