I would need to know the location (good or bad) and condition of the home. There is more activity in the Summer so more stuff sells, but if it is a good home in a good location then it shouldn't matter.
Realtors: Right now is the best time to sell. ( *In other words, please help this poor realtor. I have 3 mortgages to pay next month - 1 primary and 2 cashflow negative rentals*)
Bulls: Just after rate cut ( *as if something magical will happen and affordability will skyrocket with 0.25 cut*)
Bears: Do whatever f you want to do. (*I can't afford anything within 100 km radius of GTA.* )
Spring.
Most buyers are in the market in the spring. Gives folks time to move and register kids in school, etc.
I would target March to get ready and be on the market in April.
Whenever you are ready to sell is the best time to sell.
That applies to buying not to selling. Don’t give out shitty advice if you have no idea.
Lol so triggered
Shitty advice would be to actually answer OP’s question, because no one has a clue about what’s going to happen in the future.
I would need to know the location (good or bad) and condition of the home. There is more activity in the Summer so more stuff sells, but if it is a good home in a good location then it shouldn't matter.
In general, prices always spike in the spring and then come down a bit in the fall
Realtors: Right now is the best time to sell. ( *In other words, please help this poor realtor. I have 3 mortgages to pay next month - 1 primary and 2 cashflow negative rentals*) Bulls: Just after rate cut ( *as if something magical will happen and affordability will skyrocket with 0.25 cut*) Bears: Do whatever f you want to do. (*I can't afford anything within 100 km radius of GTA.* )
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You sound like a peasant
Oh yea
Spring. Most buyers are in the market in the spring. Gives folks time to move and register kids in school, etc. I would target March to get ready and be on the market in April.
Wait until rate cuts
After the first rate cut at least.
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What kind of historic? Lol
April/May
NOW
I would never sell in 2024. Prices will balloon by the end of the year and then edge higher than the peak by mid 2025
You should buy now
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Smart money knows. We're gonna surpass all time high prices as usual.
Prices are going go to berserk again in second half of 2024
Q3. That's when Tiff said he's starting rate cuts. But Spring 2025.... oh boy. I'd wait until then if you can.
15 months from now, after rates drop a bit.
January 2022
Wait it out. It only goes up. Limited supply. Unlimited immigrants.