Hands down, the most common question we get asked is “How’s the real estate market doing?” It’s a great question and we’re always happy to answer it.
We start with our understanding that hidden within that broad question is a number of other questions.
- What is my home worth?
- Has it gone up or down since I bought?
- Can I afford to buy in an area I’ve been watching?
- Is now the time to buy or sell?
Naturally, we’re able to give you an answer about how the real estate market is doing these days. It’s our job to know the market and we’re good at our job.
A general answer to a broad question doesn’t really help get at the other questions lurking beneath.
Whether it is a geographic area, a price range or a housing type, there are fundamental differences within “the” market, that make a generalized statement about what’s going on in the market not overly helpful.
After all, you’re not buying or selling the market or the average property. You’re buying or selling a single property, located in a certain neighbourhood, in a specific price range.
To understand your market, we take what’s happened in the past, what we’re seeing now in our daily work with clients and what predictive indicators tell us is coming next.
It’s looking at the forest and the trees, what’s been planted and what’s getting cut down – and giving you the insight you need to move forward.
With monthly deep dives into the seven areas within the Toronto Real Estate Board boundaries, the Refined team provides our clients with a comprehensive understanding of what’s happening geographically, within different housing types and various price points.
Once a quarter, we dust off our crystal ball and look at what’s coming next for each real estate market in the GTA. This video forecast takes an analytical look at predictive indicators and puts it in plain language that tells you what’s coming next.
To learn what’s going on in your market, select an option to the right.