As October comes to an end, I have to say this has been the busiest month in my office all year.

October tends to always be busy since it’s between the down times of summer and Christmas.

I had three clients buy properties this week – two homes in Forest Hill and one at Yonge and St. Clair – all in the $1.2 – $1.5 million range.

One of the buyers, a couple, were downsizing from their three-storey Tudor house ($2.3 million) to a two-storey, four-bedroom home ($1.4 million).

The other couple was upsizing while the third couple was making the transition from a condo lifestyle to a home.

All of them wanted to buy with a condition in their contract that they could back out if they couldn’t sell their current home first. Only one of the sellers agreed to the clause.

But I’m not too worried for the other two. As long as they price their homes right I’m sure they’ll be able to sell in this market.

I’ve also had six new listings this week, keeping the staff in my office really busy.

What’s behind it all? Well, the supply of listings is still pretty low and so are mortgage rates – all equaling up to a market that is hot, hot, hot!

Elli Davis has been awarded the #1 position in Toronto for Royal LePage (approximately 13,000 agents nationwide) for the 22nd consecutive year and the #5 position in Canada for Royal LePage. Read her weekly blog at PostCity.com. For more information on Elli Davis click HERE.