Yasir Khan

Sales Representative

RE/MAX IMPACT REALTY BROKERAGE*

Mobile:
647-896-6227
Office:
905-240-6777
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Sold Over Asking – What Does This Mean?

When the Canadian real estate market peaked in February, this was undoubtedly the key question on prospective homebuyers’ lips, whether a single-family home in rural Ontario or a condominium unit in downtown Vancouver. It was also a hot topic – and goal – of home sellers from coast to coast.

The “pandemic boom” was certainly a housing market that many people will never forget, especially in the major urban centres such as Toronto and Montreal. Even Atlantic Canada got in on the enormous gains, thanks to notable population increases as a newfound freedom to work remotely opened up options on where to buy a home.

One notable trend accelerated in Canada’s housing market as it built up to its peak: homes sold over asking.

Sold Over Asking – What Does This Mean?

Complete article: https://blog.remax.ca/sold-over-asking-what-does-this-mean/

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