Buy Today. Take a Close Look Tomorrow

摘要

When a real estate market gets really hot, buyers can feel like they have to roll the dice. In Toronto, some are so desperate to win bidding wars that they're rushing to make offers without even getting an inspection. The average price for a detached home in Canada's largest metropolitan area jumped to C$1.21 million ($905,473) in March, up a third from a year earlier. In the same period, Toronto-based home inspection company Carson Dunlop saw a 34 percent drop in volume. Murray Parish, president of the Ontario Association of Home Inspectors, says he's seen a 30 percent decline at his company, Parish Home Inspections.