Alex Lui
Sales Representative
Right at Home Realty Inc., Brokerage*
- Office:
- 905-695-7888
- Email Me
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Real Estate News
- In the 1930s, Canadian Socialists Championed Beautiful Public Housing - Jacobin magazine 16 hours 17 min old
In the 1930s, Canadian Socialists Championed Beautiful Public Housing Jacobin magazine...
- Startup Week kicks off during high growth year for Edmonton's tech industry - CBC.ca 17 hours 54 sec old
Startup Week kicks off during high growth year for Edmonton's tech industry CBC.ca...
- Globe editorial: Sky-high housing prices aren't just a problem for aspiring homeowners. They're a drag on Canada's economy - The Globe and Mail 21 hours 30 min old
Globe editorial: Sky-high housing prices aren't just a problem for aspiring homeowners. They're a drag on Canada's economy The Globe and Mail...
Latest Blog Post
September 2021 Market Cool but Prices Still Up
2 weeks 4 days oldSeptember marked the transition from the slower summer market to the busier fall market in the in th...e Greater Toronto Area (GTA). Every year, we generally see an uptick in sales, average selling price and listings after Labour Day, and September 2021 was no different. Sales increased relative to August and were also at the third-highest mark on record for the month of September. The average selling price was up both month-over-month and year-over-year.
August 2021 Sales Activity Was Normalized to Pre-pandemic Level and Price is Up
7 weeks 1 day oldOn Sept. 3, 2021, TRREB is reporting the third-best sales result on record for the month of Aug...ust. While the market has taken its regular summer breather, it is clear that the demand for ownership housing remains strong. At the same time, the supply of listings is down. The result has been tighter market conditions and sustained competition between buyers, resulting in double-digit annual increases in selling prices.
July 2021 Sales Activities Showed a Slight Slow Down
10 weeks 5 days oldOn Aug. 5, 2021 Toronto Regional Real Estate Board reproted with almost 9,400 sales reported in July... 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July result set a year earlier. Market conditions actually tightened relative to July 2020, with sales accounting for a greater share of new listings compared to last year. The sellers’ market conditions sustained a double-digit annual rate of price growth.