Home buyers and home sellers ride a wave of uncertainty in the GTA
The Globe and Mail · Carolyn Ireland ·
Market watchers are detecting a palpable fear of commitment this fall
Market watchers in many tranches of Toronto real estate are detecting a palpable fear of commitment this fall: Buyers are reluctant to submit a bid and sellers are balking at making a counter-offer.
Cheri Dorsey McCann, broker with McCann Realty Group, estimates that negotiations end with a deal about 80 per cent of the time – but that outcome can only occur when the two sides engage.
“You really have to know how to get people to put things on paper,” she said.
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