Travis Roy  An

Travis Roy An

Sales Representative

Right at Home Realty Inc., Brokerage*

Mobile:
416-302-8821
Office:
905-565-9200
Email Me
Travis Roy  An

Travis Roy An

Sales Representative

Right at Home Realty Inc., Brokerage*

Mobile:
416-302-8821
Office:
905-565-9200
Email Me

My Video

Travis Roy An's blog

Average Home Prices Top $1M First Time Every - February 2021 Market Watch Update EDITION

Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for many available listings, double-digit annual price growth was the norm throughout the GTA, with stronger rates of growth in the suburbs surrounding the City of Toronto.

November 2020 Market Update

We saw record highs continue through the Fall period in November 2020 as buyers took advantage of all time lows in interest rates and borrowing costs.  The focal point again was the low rise market as buyers look for more living space including a backyard as we continue to be in lockdown until we have the COVID-19 pandemic under control. The work from home life has become a norm and people are adjusting to this new way of life and hence why many are moving away from the city which has lead to prices in the outer areas of Greater Toronto increasing.

August to October 2020 Market Watch

The last 3 months once again had RECORD highs in Real Estate Sales marking a continual upward trend and a substantial increase since the start of the Global Pandemic back in March 2020. With all time lows in interest rates, borrowing costs has played a huge role in helping the market and driving up sales and sales price. In the months of August, September and October, we saw double digit year-over-year growth rates in sales and sales price. 

August 2020

October 2020 Market Watch

The last 3 months once again had RECORD highs in Real Estate Sales marking a continual upward trend and a substantial increase since the start of the Global Pandemic back in March 2020. With all time lows in interest rates, borrowing costs has played a huge role in helping the market and driving up sales and sales price. In the months of August, September and October, we saw double digit year-over-year growth rates in sales and sales price. 

In the month of August 

Where to buy real estate in 2020: Top 35 cities

Great Article from Money Sense where they share their Top 35 Cities to buy real estate based on a number of key factors they use on an annual basis:

You can find list within the URL below:

https://www.moneysense.ca/spend/real-estate/where-to-buy-real-estate-in-2020-top-35-cities/

 

This is based on the following 3 criteria: Value, Momentum, and Expert Insight

July 2020 TREB Market Update

With the trend of real estate prices in the Greater Toronto Area rebounding from lows in March - May 2020, we have seen a resurgence in the sales prices in the last two months, which has made it more diffcult for home buyers to purchase a home. The dollar doesn't quite go as far as it once did and rental rates continue to be on a upward trend, unless you are looking to move into a condo in downtown Toronto, where we are now seeing a downward trend and an opportunity for renters to secure a unit while the DT condo market has soften. Will this last, we will have to see.

Syndicate content

Have Questions?

By submitting this form, you are providing express consent to receive commercial electronic messages from www.travisroyan.com. You may unsubscribe at any time.