It seemed like just a few months ago Toronto real estate was roaring, with year-over-year price increases and an active spring home-buying market. Yet, as the seasons change, the course of our lives follows suit due to the COVID-19 pandemic. From self-quarantining to social distancing measures, there is a lot of uncertainty at the moment.

Many popular summer events in the city have been cancelled, and experts predict that the coronavirus measures will last in Canada until at least July. This is expected until the number of cases is reduced and the pandemic is deemed “under control.”

If we look forward to the next few months, we can speculate about how the Toronto housing market will be affected and if real estate prices in this city will…

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It’s been a challenging time for many Canadians, as we work together to beat the coronavirus pandemic in our communities. Remember: we’re all in this together! While health and safety parameters such as social distancing have affected the economy, real estate continues to be an essential service.

Depending on your financial situation and the government’s interventions to bolster the economy, first-time homebuyers may be encouraged to set their sights on ownership. While there has been a dip in activity, with fewer home sale transactions in March across major Canadian markets, there are opportunities to explore.

In response to the pandemic, real estate agents are leveraging technology such as 360 or 3D virtual tours and e-signatures, and remote…

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