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Toronto’s housing market so hot even the bully bidders are at war

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Why risk waiting? Buyers in no mood to linger as spring selling season opens in January

Fred Lum/The Globe and Mail

Her clients missed out when four other bullies tabled offers, she says, and the house sold for $1.315-million. Her numbers, which do not include expired or terminated listings, show that 69 per cent had sold by Jan. 22 this year compared with 85 per cent last year. At the current pace, 41 per cent of those available have sold, compared with just over 73 per cent that had sold at the same time last year.

 

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Hopefully the housing market collapses.

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