There were nine transactions in September. The Annex market continues to slow down, with the increase in listings and fewer buyers willing to accept the higher mortgage interest rates. However, there is an accumulation of new listings that are sitting on the market. We are seeing some excellent buying opportunities for those in the market for Annex century houses. Note that our overall annual markers will provide a better sense of value increase, which you can reach out to us here to discuss.
Annex Homes Values
There were only two house sales in the Annex. The houses on the market have been sitting for a few weeks, in fact, some for several months. Thus, we believe that it is an excellent time for buyers in the Annex.
➤ Check out our top reads for anyone thinking about living in The Annex:
- The Annex Neighbourhood Guide
- How To Adjust Your Home Selling Strategy When Prices Are Falling
- 5 Things You Didn’t Know About Toronto Lofts
Annex Condo Values
There were seven Annex condo sales, and there were more listings coming to market than new buyers. A shift is happening in the Annex real estate market, but not as pronounced as Toronto’s downtown core condo values.
Contact us here and read our Annex blogs to learn more about The Annex.
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