Spring brings new signs of life in housing market

Posted on Posted in Money and Financing, Real Estate Market

Looking to get into a bigger home, townhouse owner James VanderLinden decided last month was the time to make a move.

A buyer in a struggling economy, he bought a new home under asking price – paying $1.1-million in midtown Toronto – but hadn’t yet sold his first place.

“I wanted to take advantage of the market,” said Mr. VanderLinden, 34, who works in online advertising. “I knew also that selling my current house, I would probably not get as much money for it as I would if the market was up.”

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