I know there have been many conflicting reports and the media has been spinning some very negative stories in the news. Well, the market is still chugging along and sales are UP!

Greater Toronto REALTORS® reported 1,469 sales through the Toronto MLS system during the first two weeks of January 2013. This result represented an increase of 2.4 per cent over the 1,435 transactions reported during the same period in 2012.

I’ll keep an eye on things as the month progresses and report back to you early in February. What we ARE seeing is that the number of new listings coming on the market is a bit higher which will increase the inventory and give more choices to the buyers. Sellers and their agents will need to be aware of this. The great news is that the sellers who stick close to the real market value, still have a great chance of selling ... contrary to what you may hear or see in the news.

Who do you listen to? There are multiple opinions on what’s going on out there. If you’re confused and want to get a clearer picture, please give me a call. If you know anyone who needs help with real estate and is looking for a good agent, I have one in mind!