Alex  Lui

Alex Lui

Sales Representative

Right at Home Realty Inc., Brokerage*

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Real Estate News

Latest Blog Post

  • September 2021 Market Cool but Prices Still Up

    2 weeks 4 days old

    September 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.

    [Read More...]

  • August 2021 Sales Activity Was Normalized to Pre-pandemic Level and Price is Up

    7 weeks 1 day old

    On 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.

    [Read More...]

  • July 2021 Sales Activities Showed a Slight Slow Down

    10 weeks 5 days old

    On 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.

    [Read More...]

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