Leah Zlatkin of Mortgage Outlet says it’s a good time to buy.
“Right now, we are seeing record levels of listings and seeing the sale prices go up slightly from march, but year-over-year, we are looking at a lower sale prices for homes” Zlatkin says. “In the GTA, prices are hovering over a million dollars for home and in terms of condos, theres lots of inventory so if you’re looking to get into one of those homes and you are willing to be a slightly higher interest rate while you wait out the rates, this is a great time to buy especially if you are a preapproved buyer.”
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