A common question from a lot of potential sellers is:
when is the best time to sell my house?
Answer:
The best time to buy or sell is always when it's right for you. In terms of the market, 46% of all homes sold in the greater Toronto area (2012) sold in the spring.
Why is spring the best time to sell and buy? Buying in the spring means that you will move into your new home in the early summertime, in-line with end of school and before summer vacations. Its a naturally great time to move. Also, coming out of the cold winter, buyers and sellers have 'change' on the mind. When the tulips start to bloom, the housing market begins.
Keep in mind that what should always be your priority is that the timing makes sense to you and your family, not the traditional sales season.
The content provided is for information purposes only and is neither intended to be relied upon nor to be a substitute for professional real estate advice.