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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.
Toronto Real Estate Market Update for July, 2022: Following the Bank of Canada interest rate hike in mid-July (the highest single-day hike we’ve seen in over two decades), sales saw a significant decline. Even though new listings were down by 4 per cent on a year-over-year basis in July, buyers can benefit from the more balanced market and decent inventory at present.
