Rosenberg Homes
2815 Bathurst Street Toronto, ON, Canada

https://www.cbc.ca//business/bank-of-canada-rate-decision-

Greater Toronto Area REALTORS reported over 95,000 home sales in 2020 the third-best result on record! The average December selling price reached a new record of over $930,000!! Following the steep drop-off in demand during the spring, home sales roared back to record levels throughout the summer and fall. Highlights from 2020:... - 95,151 total sales were reported through TRREB’s MLS System, up by 8.4% compared to 2019. This included a record result for the month of December, with 7,180 sales a YoY increase of 64.5%. - YoY sales growth was strongest in the GTA regions surrounding Toronto, particularly for single-family home types. - The average selling price for the year for all home types reached a new record of $929,699 up by 13.5% compared to 2019. This included an average price of $932,222 in December a YoY increase of 11.2%. - The strongest average price growth was experienced for single-family home types in the suburban regions of the GTA. - After a pronounced dip in market activity between mid-March and the end of May, market conditions improved dramatically in the second half of the year, with multiple consecutive months of record sales and average selling prices. - While the housing market as a whole recovered strongly in 2020, there was a contrast between the single-family market segments and the condominium apartment segment. The supply of single-family homes remained constrained resulting in strong competition between buyers and double-digit price increases, while growth in condo listings far-outstripped growth in sales. Increased choice for condo buyers ultimately led to more bargaining power and a YoY dip in average condo selling prices during the last few months of the year. See more

FYI... Ontario's Residential Condominium Buyers' Guide https://www.condoauthorityontario.ca//Ontarios-Condominium

https://trnto.com/canada-square-largest-development-midto/

SOLD!! 150 Sudbury Street 1816 So much for the downturn in the condo sector. In two weeks, we showed this unit over forty times and received six offers! ... It just shows, if you understand your product and price it accordingly, you will get the results you set out to achieve. What a great way to end the year! I'm so happy for my clients who can now set their sights on what's to come, upsizing for their growing family. Looking forward to continuing the hard work of finding them the perfect home for the next phase of their lives. I've said this before, but I'm always grateful for the opportunity to work with clients who understand their product and appreciate the hard work that goes into selling real estate in the GTA. Wishing everyone a happy, healthy and safe holiday season!! After all we've collectively experienced this year, I hope you are able to hold your dear ones close to you! #ImNotSettledIfYoureNotSettled #DifferentAgentsGetDifferentResults www.RosenbergHomes.ca See this link for listing details: https://rosenberghomes.ca/my-listings