Alex Lui
Sales Representative
Right at Home Realty Inc., Brokerage*
- Office:
- 905-695-7888
- Email Me
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Real Estate News
- Save Max International Announces Commercial Real Estate Division - GlobeNewswire 3 hours 38 min old
Save Max International Announces Commercial Real Estate Division GlobeNewswire...
- Canadian demand to buy homes in the United States has picked up: NAR report - Globalnews.ca 7 hours 14 min old
Canadian demand to buy homes in the United States has picked up: NAR report Globalnews.ca...
- Douglas Todd: Is Canada's central bank afraid of reining in the housing monster? - Vancouver Sun 9 hours 31 min old
Douglas Todd: Is Canada's central bank afraid of reining in the housing monster? Vancouver Sun...
Latest Blog Post
Nov. 2021 Sales Activities Continues on Upswing Prices and Low Supply
1 day 9 hours oldHome 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).
Oct. 2021 Sales Activities - Prices Go Up But Inventories Way Down
4 weeks 2 days oldOn 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.
September 2021 Market Cool but Prices Still Up
8 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.