Alex Lui
Sales Representative
Right at Home Realty Inc., Brokerage*
- Office:
- 905-695-7888
- Email Me
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Real Estate News
- Why this rundown Vancouver bungalow is listed for $11 million - Vancouver Sun 9 hours 37 min old
Why this rundown Vancouver bungalow is listed for $11 million Vancouver Sun...
- Kelowna among top emerging real estate markets in Canada - Globalnews.ca 11 hours 46 min old
Kelowna among top emerging real estate markets in Canada Globalnews.ca...
- REALTY ONE GROUP AGAIN NAMED REAL ESTATE'S ONLY FAST & SERIOUS FRANCHISOR ON FRANCHISE TIMES LIST - Canada NewsWire 12 hours 34 min old
REALTY ONE GROUP AGAIN NAMED REAL ESTATE'S ONLY FAST & SERIOUS FRANCHISOR ON FRANCHISE TIMES LIST Canada NewsWire...
Latest Blog Post
December 2021 Sales Report Wrapped Up an Unbelievable Pandemic Sales Year
1 week 5 days oldA 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.
Nov. 2021 Sales Activities Continues on Upswing Prices and Low Supply
6 weeks 3 days 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
10 weeks 4 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.