If you are currently holding a property in Toronto, you are in a very good position. Never has your asset been more liquid.
This was the busiest November on record in the Toronto Real Estate Board.
If you are in the market to buy, be patient. Give yourself time to understand the differential between list and sold prices. After a while you will discover you can estimate the selling price very accurately. Offer nights and their results we quickly lose their mystery. Your agent should be very skilled at assessing values, and your relationship with your agent is key. Base it on trust, integrity and knowledge. It should become nothing less than a friendship where you know your best interests are the first point of consideration.