Sabi  Ahsan

Sabi Ahsan

Sales Representative

Sutton Group Incentive Realty, Brokerage *

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What to expect in August/September real estate market ?

While this remains a Sellers market due to the low listing inventory, the irrational exuberance of the Fear of Missing Out (FOMO) buyer is getting less frothy, with potential obstacles to sustained price increases on the horizon. Investor clients with excess investment inventory should consider rationalizing their portfolio by lighening their position. It would appear that there is a growing trend of people returning to the Office and downtown apartments as Covid fears decline. Downtown condos, which dropped the most in price and rental prices, appear to be making a comeback.

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