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homes
To get the most favourable results when selling luxury real estate, it is crucial to be up-to-date on current market trends, pricing strategies, and in-demand lifestyle features. Understanding the mindset of the luxury buyer means presenting more than a property, rather a complete experience.
Supply is down overall - new listings were at a 20 year low for the month of September. Prices of detached homes and semis in the 416 dropped by 11 per cent and 7.3 per cent respectively.
Toronto Real Estate Market Update for August, 2022: Despite the recent softening of the real estate market due to rising interest rates and tougher mortgage stress tests, there was some renewed vitality last month.
What the heck is hygge, you ask? Popularized in Denmark, hygge (pronounced “hoo-gah”), is way of appreciating life’s simple pleasures. The word hygge comes from a Danish word meaning "to give courage, comfort, joy".
January 2022: Toronto Real Estate Market Update Market Update • January marked the second highest month in history for property sales recorded in the TRREB MLS system at 5,636, although the number was down 18.2% from the January 2021 peak.
Toronto Real Estate Market Update (December 2021 wrap-up): At the end of 2021, properties in the GTA reached an all-time high average selling price of $1,095,475 – an increase of 17.8 per cent compared to the previous 2020 record of $929,636.
A record 121,712 sales were reported through TRREB’s MLS® System in 2021 – up 7.7 per cent from the previous 2016 high of 113,040 and up 28 per cent compared to 2020.
The big story in September was the continuing lack of supply in the housing market. The month saw the third highest sales number on record, yet sales were down 18% from September 2020, mainly due to the lower number of new listings …
