Every week, you eagerly wait to see the new listings that are going to come on the market for sale and when you finally find one you like you often have to compete with another 10 buyers to actually win the house.
On top of that, home buyers have to deal with constant media reports about the housing market that often send mixed - and often emotive - messages. In the past few weeks, we have seen an alarming article from Macleans telling us that we should all panic, a Toronto Star article telling buyers the real estate market is going to cool, not crash and finally a Globe and Mail article saying that despite the run up in house values home affordability in Canada is actually improving.
All the multiple offers and mixed media reports inevitably lead buyers to a nagging question - is this a good time to be buying a house in Toronto?
So if you're actively looking for a home in Toronto's real estate market, or considering jumping in, I'll offer a few words of advice.