Real Estate Market Update | Collingwood/Southern Georgian Bay, December 2020

January 12, 2021

The statistics for The Western Region of Southern Georgian Bay Real Estate market is now available: 

 

Toronto Real Estate Market Report

December’s Toronto and area residential marketplace exhausted all the superlatives that we would normally apply to a robust resale market. Not only was December’s housing market strong by historical standards, but it dramatically exceeded historic norms, performing more like a spring market than what we have come to expect of property sales during the holiday season. It’s almost as if the holiday season didn’t exist, and unfortunately, because of the restrictions imposed by the effects of Covid-19, normal retail shopping was non-existent. Deprived of retail shopping, it appears that buyers focused their attention on housing instead.
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