23 January 2019

Then why is January so profitable for buyers?

Homeowners really want to finally sell

Last December was the worst month for home sales in the GTA in more than 6 years, says Just Brokerage. That’s why there are many properties at the market with sellers ready to negotiate and finally sell the house.

“Those who list their homes in January are usually in a hurry”, – adds Just Brokerage. As a result, buyers can get quite a good deal amid the low activity conditions.

Holiday debts

When the holidays are over, debts become a problem, pushing many people away from such large purchases as a new property. This is the time for disciplined buyers who have planned the purchase in advance.

The weather is playing the role

Although snowy weather shouldn’t push Torontonians away from a house purchase, many of them actually don’t want to choose homes in the cold, so those who aren’t afraid of the snow and wind can get a better deal for their courage.