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Sue Heddle Homes Market Watch: Rebound On The Horizon

According to the latest Toronto Regional Real Estate Board (TRREB) annual forecast the Ontario housing market is making a comeback! 


A rebound is expected by the latter half of 2023, with an increase in home prices and sales after months of declines. 

What does this mean for potential buyers and sellers?

The following are the key takeaways of what to expect going forward:


1. The average home price for the year is expected to reach $1,140,000, which is higher than January's average price of $1,038,668 ( albeit still 4% lower than last year's average).


2. The board forecasts 70,000 sales this year. Still 7% fewer than last year, however, all indicators are predicting it will stabilize and will continue to increase into next year.


3. TRREB cites an Ipsos poll showing that more would-be buyers are considering buying a property this year than last year, and a slightly higher percentage of homeowners planning to put their homes up for sale.


4. Even though TRREB expects activity to remain...

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Sue Heddle Homes continues to transcend the limits for home sales and has expanded her knowledge and skill set to deliver even more options for clients by utilizing virtual staging. What is virtual staging? Virtual staging is done digitally using 3D virtual staging software. Using this technology, we’re able to create, customize, and re-size furniture to fit seamlessly into an existing room for outstanding results that captivate potential buyers.


Home staging is one of the most effective ways to present your home in the best possible light. As a top Oakville realtor, Sue Heddle Homes has been providing free home staging to all listing clients for over a decade. As the world continues to pivot to accommodate our new reality, choosing a realtor like Sue Heddle, who is well versed in digital real estate marketing, will truly give you the best opportunity to showcase your home properly and attract serious buyers.


3 Reasons Virtual Staging Puts Sue Heddle Homes Ahead Of The Rest


We’ve...

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