A tight months of supply figure like 1.63 means good Queen Elizabeth listings tend to attract competition quickly, so a buyer who is still shopping for a mortgage pre-approval when a house they like appears is starting from behind. Sorting financing before viewings shortens the search more than any market condition does.
Criteria specificity is the other big lever. A buyer open to a range of lot sizes and house ages across Queen Elizabeth will see more workable options faster than one holding out for one exact configuration, and that difference in flexibility often matters more than the overall market pace.
The honest answer is that the search takes as long as your criteria and your financing let it. Get your hand-reviewed valuation from Joel Dyck.