pandemic can hold back home prices.“Pandemic or not, I don’t think anything can burst the bubble in Toronto right now,” said Kate Craig, sales representative with Union Realty Brokerage.
June home sales in Toronto just shy of year ago, prices up nearly 12% She pointed at a semi-detached home on Bowmore Street, near the Beach, she just sold.“Tonight was supposed to be its offer night and within three days we had a great buyer come along that also believes it’s such a great pocket and they scooped it up before tonight,” she explained.However, just three blocks away, a similar semi-detached home went into a multiple offer scenario.“They made it to their offer night last night and they had five offers on it and they did really well, as well,”.