by Mahmud Naqvi | Jan 1, 2021 | Performance
GTA Cities Change 2019 2020 Brock 37% $ 384,818 $ 609,210 Uxbridge 35% $ 656,300 $ 1,012,895 Scugog 32% $ 597,250 $ 878,455 Whitby 29% $ 601,733 $ 848,501 Pickering 27% $ 659,191 $ 898,033 Caledon 25% $ 990,295 $ 1,321,989 Clarington 25% $ 552,927 $ 735,207 Aurora 24%...
by Mahmud Naqvi | Dec 4, 2020 | Market Update
Since the onset of the pandemic, the median price of a luxury house in the City of Toronto has risen 5.4 per cent year-over-year to $3,187,500, while the median price of a luxury condominium dipped 1.6 per cent year-over-year to $1,870,000. During the same period, the...
by Mahmud Naqvi | Nov 9, 2020 | Market Update
Competition between buyers of single-family homes, and particularly detached houses, remained strong last month and continued to support double-digit annual rates of price growth in many GTA neighborhoods. In contrast, condo buyers have benefitted from much more...
by Mahmud Naqvi | Oct 7, 2020 | Market Update
Housing market continued to be stronger in September as in “normal” yearly activities. This year however because of the covid related pileup in summer, the sales activity gathered more pace than previous years. Year-over-year transactions were up 42.3%...
by Mahmud Naqvi | Sep 3, 2020 | Market Update
A gradually improving labour market and historically low mortgage rates are expected to support a recovery in home sales in the second half of 2020 along with sustained year-over-year price growth. Given that home sales result in substantial spin-off expenditure in...
