I'm currently in the process of buying a condo in Toronto. Kind of stressed right now. I just met with my realtor today and he seems to be a stand up guy actually outlining his fiduciary duties. It's a large step going into home ownership and I'm nervous.
I have a modest down payment and a hard ceiling I don't want to cross and become "house poor".
Anyone been through the real estate game in the GTA recently and can share their experience? I've been a born and raised "east ender" Possibly moving west of Dufferin is both an exciting and scary proposition.
take your time find something you like. don't jump in unless you're sure you're sure. that being said, don't try to time the market by waiting for a lull or drop. buy what you need and what you can afford when you need it. if you need it now, buy now, if you don't, then wait.