About 1297 Homes will Sell Today!

Many homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago, it isn’t at a standstill. Contrary to what you may believe, buyers are still active and plenty of homes are selling right now.

According to the Canadian Real Estate Association (CREA), based on the pace of sales right now, just over 473,616 homes will sell this year. With some simple math let’s break down what that really means for you:

•  473,616 divided by 365 days in a year = 1297.57 houses sell each day

• 1297.57 divided by 24 hours in a day = 54 houses sell per hour

• 54 divided by 60 minutes in an hour = about 1 house sells each minute

So, on average, about 1297 homes sell each day in this country.

As real estate experts we can give you more information about how many houses are being sold in your neighbourhood, the amazing advantages that sellers are experiencing right now, and the most important things buyers are searching for in your area. Together we’ll use this knowledge to shape how you market your house based on local trends. 

Bottom Line

If you’ve been waiting to sell because you don’t think there are buyers out there, know today’s market is active. Every day you wait, around 4700 other homeowners are selling. In the time it took you to read this, one home sold. When you’re ready to sell too, connect with us and put our expertise to work for you!