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Royal LePage realtor Shawn Zigelstein, who is based in Richmond Hill, believes August will remain quiet but there will be a significant increase in new listings in September. He predicts sellers will be more “serious” about completing a deal in the fall, while people who are toying with the idea of selling and holding out for prices above current market levels will leave the market.
“Anybody who’s really kicking tires in the market will come off the market some time in August, and then in September we’ll start to see those serious sellers come back on,” Mr. Zigelstein said. “I think it will be substantially more than what we’re going to see in August.”
“Anybody who’s really kicking tires in the market will come off the market some time in August, and then in September we’ll start to see those serious sellers come back on,” Mr. Zigelstein said. “I think it will be substantially more than what we’re going to see in August.”