The December results are not out yet, but many are speculating it was a 'normal' December, the slowest month of the year, but typical. January 2014 (now) is not beginning with a boom, but it could also be the ice cold temperatures - we are all hoping for some improvement in the weather and the real estate market in the coming weeks and look for February to be one of the strongest months of the year to sell!
Our fall market did not perform as well as everyone expected. TREB and many financial people are predicting that prices will rise again in 2014, anywhere from 3 to 6% - only time will tell on this.
See a graph of how the market performs throughout the year, up in spring, down in summer, up in fall, down in winter, but always on the upslope:
http://www.mississauga4sale.com/TREBavg1995date.htm
See this graph on how steep the increase has been of late:
http://www.mississauga4sale.com/TREBprice.htm#graph
or just the graph:
http://www.mississauga4sale.com/avgprices.JPG
We anticipate that late January into February will be a very good time to sell as there will be low supply and higher demand, this should work well for sellers.
We will be working feverishly to market and promote your property as best as we can to take advantage of the marketplace and get it sold at the best price and terms possible.
Please let me know if you have any other questions or if there is anything else I can help you with.
Thank you,
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
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