How to check Real estate Market trends?
You're selling your home and you want to educate yourself about the market trends in your area. The best way is to do your own research in the following ways:
1- Read the newspapers and watch the news. Most papers have a home/real estate section that details current trends, issues and successes. A majority of news programs also cover real estate topics and developments.
2- Ask an Experienced Real Estate Agent to work for you, ask them for advice and what they think the current trends are and ask them to do a market analysis on your neighbourhood which will include a list of comparables in the area (either for sale or sold).
3. Use social media to monitor trends. There are many, many websites that claim to detail the current market trends which one better to follow than the Toronto Real Estate Board's.
- Facebook http://www.facebook.com/TorontoRealEstateBoard