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   Author  Topic: Market Correction  (Read 331 times)
Mark Tang
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Market Correction
« on: Jun 14th, 2017, 3:03pm »
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Seems like the market correction has hit Cornell. There is currently a lot of supply and very little sales activity.
 
A recent semi on Cornwall, 2 years old with double garage only sold for 850k. By comparison, the house beside it, vinyl siding, same 3 bedroom 2.5 bath, sold for 1.03m in March.
« Last Edit: Jun 14th, 2017, 3:04pm by Mark Tang » IP Logged

Sales Representative at Homelife Bayview Realty Inc.
mtangrealtor@gmail.com
647-291-4585
bartimus
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Re: Market Correction
« Reply #1 on: Jun 19th, 2017, 1:19pm »
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not surprising. The lest few months leading into April/May were toxic and the market was becoming unsustainable. I personally welcome a correction so that the market becomes somewhat healthy again. I just hope it doesn't crash altogether Smiley
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