Alex  Lui

Alex Lui

Sales Representative

Right at Home Realty Inc., Brokerage*

Office:
905-695-7888
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Real Estate News

Latest Blog Post

  • December 2021 Sales Report Wrapped Up an Unbelievable Pandemic Sales Year

    1 week 5 days old

    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. Record demand last year was up against a constrained supply of listings, with new listings up by 6.2 per cent – a lesser annual rate than sales. The result was extremely tight market conditions and 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.

    [Read More...]

  • Nov. 2021 Sales Activities Continues on Upswing Prices and Low Supply

    6 weeks 3 days old

    Home sales reached a new record for the month of November and the average selling price also reached... a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent supply issue across all home types in the Greater Toronto Area (GTA).

    [Read More...]

  • Oct. 2021 Sales Activities - Prices Go Up But Inventories Way Down

    10 weeks 4 days old

    On Nov. 3, 2021, TRREB reported home sales in the Greater Toronto Area (GTA) reached the second-high...est level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to last year, and the annual rate of average price growth remained in the double digits, including for the resurgent condominium apartment segment.

    [Read More...]

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