how is the market right now? I have seen many listings on the market as well as a lot of new built homes.

Here in Toronto, the market is very good. For new built homes there has been a bit of a decline because of the 13% HST on the sale price of the new home. Otherwise the market is very good.

The market is very active, though in "high-demand" areas inventory is very low, which favours the Sellers. March was the second best March on record for the Toronto Real Estate board - although prices are rising, mortgage rates are still very low and there are a lot of Buyers out there - we need more listings!

Hope this helps,

Michael

Different parts of our country are experiencing different demand levels. In the Toronto area, it is currently a sellers market. More buyers than sellers.

I would suggest you search the local Calgary Real Board and speak to a local realtor to determine your market activity.

The new home market is very active I would say. They are releasing 9000-9500 new condo suites in the second quarter of 2011 alone. Not 100% sure about new freeholds but I would assume very active as well.