Brampton Market Conditions |
Sellers: The number of available homes is increasing significantly but there are fewer buyers, so the house prices are staying the same as earlieer this year and comparable to last year. It is trending to a balanced market with less negotiating power to the seller.
Buyers: A great time to buy! The mortgage rates are still low and there are a fair number of houses on the market with less buyers competing to buy a house. Think about buying in the spring or summer when the selection of homes is ample, but don't miss out on the gems that may be currently available.
Hottest market locations (quick selling): Heart Lake, Northwest Brampton, Bramalea North Industrial, Brampton East, Credit Valley
Best deals area (lower actual to list price paid): Brampton Shopper's World area, Brampton downtown GO station, Brampton North Bramalea.
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Current Market (Spring 2013)
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See Market reports for more stats or see Home Values for prices of each home type in Brampton.
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