BLIND-BIDDING AND OTHER PROBLEMS IN THE ONTARIO REAL-ESTATE MARKET
The real estate market is hot at the moment and the time is ripe for new home buyers to put their bids in before anyone else. It was publicized that Canada’s home prices have risen by over 21 per cent between 2020 and 2021 to the point where a new home can cost over 1 million CAD. In Ontario, the average price of a home in March 2021 was reported be around over $800,000 CAD.
