Christiano Fontana paid more than $120,000 over the asking price for a home in Windsor, yet he considers himself one of the fortunate. "Lucky" in this market typically means paying tens of thousands over asking price, as Fontana had to. It's a sign of this hot market, realtors told CBC News, that homes are routinely being listed well below what they're expected to sell for. Experts in Windsor's real estate market say the industry continues to hit new highs compared to last year, but with dwindling supply, prices keep rising. Though he paid way over the home's asking price, he says he's just happy that he at least got into the market.

Source: CBC News April 14, 2021 23:48 UTC