
The luxury segment is genuinely its own market right now
One thing most buyers don't realize is how much of the $5M+ inventory never hits MLS, it trades through broker whisper networks. Even when the listing is online, it usually goes terminated and then all of a sudden there is a title change. Is everyone else in the luxury market, buying side, experiencing this sort of silent movement? Would love to hear your side on this.
There's actually a solid breakdown of how that works in the Toronto context here: Off market Whispers