VEDA LALL
885 Progress Ave M1H 3G3 Toronto, ON, Canada

We’ve all been through a lot this year. It’s been an unprecedented time to say the least. But hopefully now, we can all take this time to appreciate the things that really matter during this Holiday Season. It will undoubtedly be different but our human connection transcends pandemics and virtual gatherings. May we all stay safe, happy and joy filled with those things that matter the most. Let’s all reach out to the people we know who would relish in hearing a friendly voice. To all our Dear Families, Friends, Colleagues, and Valued Clients who are celebrating, we wish you a Very Merry Christmas and Holiday Season.

Please send me a message today and let’s discuss your real estate dreams. Home prices are forecasted to increase another 4-6% in 2021. Right now, we have the lowest interest rates in recent history. There has never been a better time to list or purchase a home. Whether you’re buying for the first time or trading up or moving over, today is that day we should start that conversation! And working with a RE/MAX Realtron Top Producer like me, is the best decision you can make when we’re talking about the biggest financial decision in your life. Trust the #1 brand, RE/MAX to get the best results. Let’s talk and make 2021 your year!

December 2020, Dear Friend, Another record month of real estate sales for the GTA and Covid 19 had nothing to do with it!... There are 5 major factors that are keeping the real estate market at record levels: 1. Ridiculously low interest rates (1.5%) attracting new buyers into the market who can now qualify to buy. 2. A strong economic recovery for many business sectors. 3. Many Canadians cash rich from not spending on trips etc. as well as getting government subsidies. 4. Continued strong immigration causing limited inventory of available homes. 5. Threat of an increase in the foreign buyer tax, causing a rush to buy now for investors. These factors impacted the sales in November to 8,766, a new record high, up 24% compared to November last year. The average sale price year to date now stands at $929,433 up almost 12% over the start of the year. The city is like a living breathing organism, movement going into the city with an intake of breath, and movement out of the city as the breath exhales. The trend to move out of the city had already started and was exacerbated by Covid 19. Young people bought downtown condos and moved to where the bars, restaurants and excitement were. Now several years later, their condos had doubled in value, their salaries had increased, marriage and perhaps children had ensued, and they were now ready for the life of suburbia. Years from now, with children grown, they will move back into the city to enjoy the convenience of city living that they had had in their youth. And so the city breathes. Along with that natural movement, the lack of AirBnB users, media overblowing the impact of Covid 19, 416 condominium sales did not keep up to the price increases experienced by other sectors of the market. Here are the facts of 416 condominiums in November. 1,375 condos sold, .8% more than last year, average price down 3%. Not as bad as the media lead us to believe. 416 condos are the hot buy for the next 6 months, because by then with the vaccines coming on board, AirBnB back, and the return of foreign students, condominium sales will catch up with the increases seen by other housing sectors. If you are considering an investment in real estate, let’s talk, after all, you do have a friend in real estate. We can now see the light at the end of the Covid tunnel, too early to celebrate yet. Be patient, stay safe! All the best to you and your family in the holiday season and throughout the New Year! Your Friend in Real Estate Veda Lall

Please send me a message today and let’s discuss how I can help you reach your goals of first-time buying or trading up. NOW is a great time to talk & explore the opportunities! Listen to this brief video and you’ll discover why. Want to know how COVID and historically low interest rates are impacting the real estate market? What exactly is driving the increase in the market & how are inventory levels affecting prices? Join Broker/Owner, Alex Pilarski & General Manager, Cam Forbes as they review the Toronto & GTA real estate market and offer their insights into untapped market opportunities. Again, send me a message today because the market for 2021 is only predicted to get more competitive!

https://www.youtube.com/watch?v=qXEYJFB0lxE

Happy October everyone! Hope you are keeping safe during the pandemic. Feel free to reach out via Messenger, cell, or email anytime

Hope everyone is doing well! Offer Presentation today @ 7:00PM 27 Weekes Dr, Ajax http://27Weekes.ca/... Email or Call with Offers before 6:00pm at [email protected] 416-419-2140

FOR SALE 410 Main St E, Shelburne http://410Main.ca/ Call Veda @ 416-419-2140

FOR SALE 27 Weekes Drive, Ajax http://27weekes.ca/ Call Veda @ 416-419-2140