Unionville is still a strong 'sellers market'

Another good article from the Toronto Star today, describing how Toronto is still primarily a sellers market, quite different from how the Vancouver market has cooled considerably recently.

Toronto is still “a bit of a seller’s market” but moving toward a buyers market while the Vancouver market has cooled to the point where bidding wars are largely a thing of the past and buyers have moved back into the driver’s seat, Warren noted.

Markham and Unionville again are maintaining a strong sellers market, as 'for sale' inventory of detached homes is very low.  Despite Toronto's pricing flattening considerably, the highly-desireable areas of Markham Village and Unionville continue to reach new heights.  It's shaping up to be an impressive spring season!

Via Toronto Star

Choose your Realtor wisely.

A great article in the Toronto Star this morning, regarding the ethics of a Realtor in British Columbia.  Many people would be surprised at how often some agents try to bend the rules! If you are trying to change a legal agreement, get legal advice!

B.C. realtor fined $258,000 for selling home twice

The lesson is that sellers who think they can change their mind and get out of a deal, should a better offer arise, must beware of the consequences.

Read more here: http://www.moneyville.ca/article/1137879--real-estate-agent-fined-after-high-handed-and-outrageous-behaviour

Via The Toronto Star