Low Inventory Lottery is BACK!
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This is not the first OR last time for this phenomenon but it is happening right NOW in many areas across Toronto GTA. This is a term I coined back in 2021 and its happened a few times since then, including in early 2022. A combination of low inventory and high demand has been adding 10-30% to what some sellers are getting for their properies. Its far from scientific and NO one can predict when it starts or ends. Its like trying to catch a wave. Its all about timing and a lot of luck. If you are listening to this in Feb 2024, now is the time to find out where your home value stands. Sign up at www.RealEstateWealthReport.com