How can a property have a nearly 500% increase in price in a month!!!
In December last year, I took some clients to see a beautiful farm in the Hamilton-Wentworth Area.
The original list price was $3.5. Which resulted in a whopping 11 offers!!!!! The sellers refused to accept any of them.
Fast forward to now. The same property is listed for $15.9!
Why the huge increase in price?