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Preparing Your Home for Sale in the Fall Season: Tips for Listing Your Home for Sale in the Fall Season
With higher interest rates in recent years, many potential buyers have held off on entering the market. However, following the Bank of Canada’s interest rate drop on September 4, and with further cuts expected, demand is predicted to rise, making fall 2024 a prime opportunity for listing your home for sale in the fall season.
If you're planning to list this fall, here are some simple tips to get your home market-ready and attract buyers quickly.
Why Fall is a Great Time to Sell
Shaun Cathcart, Senior Economist at the Canadian Real Estate Association (CREA), expects the Bank of Canada to continue cutting rates, increasing momentum into 2025. With high demand ready to return, housing activity is expected to ramp up.
“The question isn’t if buyers will come back, but when,” explains Brendan Powell, Broker of Record at Bspoke Realty in Toronto. "Sellers should be ready when market conditions shift."
Though spring is often seen as the best time to sell, fall offers unique advantages:
Fewer listings, allowing your home to stand out.
Milder weather makes it easier to prepare your home compared to the muddy spring months.
Motivated buyers looking to move before winter, including relocators and empty-nesters downsizing after kids leave for school.
September and October are traditionally busy months," Powell adds. "More competition also means more potential buyers, giving your home wider exposure.
REALTOR.ca. "Get Your Home Ready to Sell in Fall 2024." REALTOR.ca Blog. Accessed September 28, 2024. https://www.realtor.ca/blog/get-your-home-ready-to-sell-in-fall-2024/36786/1363
If you’re looking to sell, Lucky Homes Realty at 5928 Finch Avenue East is ready to help guide you through the process and ensure your home is market-ready for this fall season.
LUCKY HOMES REALTY
5928 FINCH AVE E #220
TORONTO, Ontario M1B5P8
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