Thinking of selling your house or condo? Would you like to learn how to get top dollar for your home?

What percentage of detached homes in Toronto are selling for more than $1.7 million? You’ve seen the headlines. Housing prices are on the rise. Buyers are getting frustrated with the high prices and the bidding wars. Given the low interest rates and the need for more space, we don’t see housing prices going down anytime soon. In fact, it seems as though the only way is up. As much as we might complain about the high prices of housing right now, in 5 years, we’ll be saying, “Do you remember when a detached house was only $1.7 million?” I know this sounds hard to believe.

Last Thursday, I had the opportunity to attend the 14th Annual Post City Real Estate Roundtable – “Real Estate 2021: City vs. Suburbs” hosted by University of Toronto’s Rotman School of Management.