Knowing the best time to sell your house is challenging at the best of times, but during the coronavirus pandemic, it’s even trickier. “Forget any crystal ball you’ve got, they’re all broken,” Toronto real estate broker Brendan Powell says.
Powell says he advises clients to deal with their current reality. “The idea of trying to time the market right now is about as dangerous as it can be because you could be totally wrong.
And nobody really knows,” Powell warns. Right now the housing market is on the upswing after a freefall that was mainly due to the lack of inventory, according to several realtors from across Ontario. “Sales are down, it’s simply because people aren’t listing the houses,” Kitchener-Waterloo Association of Realtors