23.03.2012 - Toronto housing market: Bidding wars are back
Toronto homebuyers, brace for another spring of bidding wars. Real estate listings remain so tight that half of detached homes in the “coveted” $600,000 to $900,000 price range in high-demand Toronto neighbourhoods are selling over the asking price — and the peak spring season hasn’t even begun. “Bidding war fatigue” has already forced some would-be buyers to retreat from a market that could be even hotter this spring than last, according to a new report from ReMax that points to unusually strong activity this early in the year...............................................Full Article: Source
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