Wednesday, February 25, 2009 Weekly viewby Sue Gerryts on Wed, Feb, 25, 2009 09:38 PM The real estate board's statistics will be out next week for the period of February. It has already been widely reported that sales volumes are running at double that of last month. Not necessarily a surprise as January is always slower and our unusually snowy month did not help. But still it is good to see more activity in the market.
We have had some activity on our apartment with an offer that came in but ended up not going anywhere. This was because the buyers were looking for an unrealistic discount off the asking price. Big discounts are possible but only where the place is unrealistically priced in the first place.
We still have a lot of buyers eyeballing the market and waiting for the right place to come up. I would like to think that better weather will bring more listings and offer better opportunity, but today we had snow! |
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