Rakesh Tewari Real Estate Toronto
1858 Queen St East M4L 1H1 Toronto, ON, Canada

This 5BD High Park stunner with Gas Fireplaces throughout and Double-Tiered Terraces overlooking the Park, Leased to our amazing buyer clients! Congrats to all! If you or someone you know is looking to make a move, DM us for more info. #torontorealestate #toronto #realestate #rakeshtewari #rakeshtewarirealestate #clientfocused #communityminded... #lovewhereyoulive Rakesh Tewari Real Estate Toronto

This is the reason I love this work! I was so happy to help Carolyn and Elio find their dream home within their budget. #rakeshtewarirealestate #lovewhereyoulive... #TorontoRealEstate #TorontoRealtor #LeslievilleRealtor #RealEstateAgent #Toronto #Leslieville #RiversideTO #RiverdaleToronto #Livingroominspo #TorontoPride #TorontoStyle #TorontoHome #TorontoHomes #Livingroomideas #Livingroomdesign #Cabbagetown #ChurchWellesley #TorontoForSale #InsideToronto #TorontoInteriors #TorontoDesign #TorontoInteriorDesign #TorontoLife

Generally speaking, year-over-year growth in sales was stronger for single-family homes in the GTA regions surrounding the City of Toronto, but annual single-family growth rates remained robust in the ‘416’ area code as well. Home buyers continued to take advantage of very low borrowing costs in November, especially those looking to buy some form of single-family home. Competition between buyers for ground-oriented homes has been extremely strong in many neighbourhoods throu...ghout the GTA, which has continued to support double-digit annual rates of price growth, said Lisa Patel, TRREB President. Market conditions tightened in many single-family market segments in November, resulting in double-digit year-over-year increases in average selling prices for detached houses, semi-detached houses and townhouses. In contrast to the single-family market segments, buyers continued to benefit from much more choice in the condominium apartment market compared to last year, particularly in the City of Toronto. The number of new condominium apartment listings in November was almost double that reported in November of last year. More options in the condo apartment market translated into a small year-over-year decline in the average condominium apartment selling price in the ‘416’ area code. The condominium apartment market is certainly more balanced than in previous years, with some buyers benefitting from lower selling prices compared to last year. However, this may be somewhat of a short-term phenomenon. Once we move into the post-COVID period, we will start to see a resumption of population growth, both from immigration and a return of non-permanent residents. This will lead to an increase in demand for condominium apartments in the ownership and rental markets, said Jason Mercer, TRREB Chief Market Analyst.

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