Market Analysis October 2021


October 2021... 


Report On Downtown Toronto Condo Prices

Curious about what your downtown Toronto condo may be worth?

Here’s an easy, online way to find out what suites like yours are selling for in today’s market.

Get this free report with up-to-the-minute statistics based on all the recent listings and sales of condos in your building.

 


Why Real Estate Investing Makes (Dollars and) Sense

 

Turn on the television or scroll through Facebook, and chances are you’ll see at least one advertisement for a group or “guru” who promises to teach you how to “get rich quick” through real estate investing. The truth is, much of what they’re selling are high-risk tactics that aren’t a good fit for the average investor. However, there is a way to make steady, predictable, low-risk income through real estate investing. In this blog post, we’ll examine the tried-and-true tactics that can be used to increase your income, pay off debt … even fund your retirement!
 
WHY INVEST IN REAL ESTATE?
 
One of the basic principles of real estate investment lies in this fact: everyone needs a place to live. And according to the Government of Canada’s Average Household Expenditures data, housing is typically a Canadian’s largest expense.
 
But there are other reasons why real estate is a great investment choice, and we’ve outlined the top five below:

Click Here To Read More



From Our Buyer University Series...

 

How Does Title Insurance Protect You?

 

The word “title” is a legal term that means you have legal ownership of property. You obtain title to property when the owner signs the deed (transfer document) over to you. Title is then registered in the government’s land registration system.
 
Title insurance is an insurance policy that protects residential or commercial property owners and their lenders against losses related to the property’s title or ownership.

Click Here To Read More



From Our Investor University Series, Guide To Attracting The Best Tenants...

 

Toronto's Real Estate Team Find-A-Tenant Program


We have two Find-A-Tenant Rental Packages available.
 
Of course, there’s never a guarantee… people lose their jobs, get separated or divorced or get transferred to other cities all the time during the term of their lease.  However, checking out the tenant vigorously at the beginning will minimize the possibility of any future problems!

Click Here To Read More


October 2021...

 

Report On Toronto House Values

 

Semi and detached house prices have been bouncing around the last few months in Toronto with the changes in the market.

Some neighbourhoods are being affected greatly... others not so much.

Would you like to be brought up-to-date with what your Toronto house is worth right now?

Get Your Free October 2021 House Valuation Here


From Our Seller University Series...

 

Silent Market For Condos

 

Know you want to sell but dread all those showings?

If you would like, I will include your condo in our "Silent Market" of condominiums that are not yet on the market.  Because we generate so much buyer interest from our website, Facebook and Google advertising and other proactive marketing, we may be able to find a buyer for your condo without even putting it on the market… saving you both time and money.


Toronto's Real Estate Team
Toronto Real Estate Market Analysis
For September 2021

 

 

As we're entering the era of 'vaccine passports', I'm seeing a large percentage of our population taking advantage of heading out to restaurants and public events.

I take bachata and salsa latin dance lessons at Steps Dance Studio in Toronto and we're now finally able to dance freely between fully vaccinated dance partners like we did pre-covid. Fortunately thru the summer, some enterprising DJs took advantage of our good weekend weather and held outdoor social dancing events at either Ireland Park or Sugar Beach. And in the next few weeks, indoor socials will be starting too.

Our local real estate market continues to mystify and impress with a record-breaking average sale price and highest-ever condo sales for the month of September.

You can read the full September 2021 Market Report here

Are you thinking of making a move up or down from your current home? The first thing you need to know is what it's worth.

If the property you’re considering selling is a Toronto/GTA condominium, I can give you an up-to-date condo suite valuation by going to DowntownTorontoCondoValues.com - please BE SURE to leave me your condo’s monthly maintenance fee so I can send out your report.  

If it’s a house that you’d appreciate a valuation for, just click on DowntownTorontoHouseValues.com.

If you're a new buyer in Toronto, there's lots you'll need to know before venturing out into our wild and crazy market. I'd suggest a good way to start off is by reading my book... the Ultimate Toronto Home Buyer's Guide. It's informative, thought provoking and perfect for getting insights into how our market works. And it's FREE to download!

Hope you have a terrific October and I'll be in touch next in early November smiley.

Thomas
647-962-1650
Thomas@LivingInToronto.com
 

 

Low listing inventory = Highest ever average sale price


Hi, I’m Thomas Cook from Toronto's Real Estate Team at RE/MAX and here is our September 2021 Toronto real estate market report.
 
There was a 49% drop in the listing inventory during September as buyers came back from summer vacations.
 
Let’s review some of the Toronto Real Estate Board statistics and see what’s happened.
 
September numbers came in strong with 9,046 sales of houses and condos across the GTA. This is the third highest number of sales for September since 2000. A low supply of inventory contributed to keeping appreciation high.
 
Sales were down 18% overall from September 2020 although last year the market really took off that month.
 
Condo townhouse and high-rise suites took a much higher percentage of sales in September (37.6%) than normal signalling condos are back in demand. 3,401 units were sold in the month making that the highest-ever for the month of September.
 
The September 2021 average sale price for all GTA homes came in at $1,136,280… a big 18.3% increase compared to one year ago. If you compare this September to September 2019, two years ago, the average sale price is up 34.8%.
 
===== Read more=====



For Those Of You Who Like Trivia...
 

Now and then we post our latest World’s Most Interesting Postcard in our Team newsletter.  You might be amazed at what you’ll learn from these interesting tidbits!!

Click to see larger image



Keep Your Ears Open For Real Estate Conversations...

 

People always feel good about recommending a person or a business where they've received terrific service. They want their friends to enjoy the same great experience they had. 

Please keep us in mind in the new year whenever you hear friends talk about real estate at any time... we're always here to advise, consult and help.

Thomas

 


 

Amazing Free Services Available From This Professional Realtor


As a successful Toronto Realtor helping condo and house buyers and sellers since 1980, I've developed many programs and services to assist people with their real estate needs.

I've even written several soft-cover books and reports to help explain how buyers and sellers can make their best, informed decisions.

There are important benefits and advantages to being well prepared for the upcoming real estate experience.

You definitely want to avoid making significant buying or selling mistakes.

Here's a list of my 'Free Stuff' that's available to you.

 



Toronto's Real Estate Team - Thomas Cook @ RE/MAX
Expect Amazing

Real Estate Sales Representative @ RE/MAX Hallmark Realty Ltd Brokerage
785 Queen Street East in Leslieville


Thomas@LivingInToronto.com
Direct => 647-962-1650

Become a smart, educated Toronto buyer or seller.  Go ahead and download any of these books or reports at no charge.

Author || Ultimate Home Buyer’s Guide
Author || Home Buyer's Financing Guide
Author || Insider Tips For Getting The Best Price (For Toronto condo sellers)
Author || Get Free Money From The Federal Government (For 1st-time buyers)
Author || Best Capital Gains Tax Advice For Smart Investors
Author || Guide To Attracting The Best Tenants
Author || Insider Advice For Getting The Best Price (For Toronto house sellers)

Awards || RE/MAX's 2nd highest award - Circle Of Legends
Experience || Thousands of homes sold since 1980
Professional Designations || ABR, SRES
Charity Support || Over $123,000 contributed to the Toronto Sick Kids Hospital