Henryhomes in Port Credit Lakeview
103 Lakeshore Road East L5G1E2 Mississauga, ON, Canada

TORONTO, ONTARIO, March 3, 2021 Record home sales in the Greater Toronto Area (GTA) continued in February. Home owners and people who consider buying are largely unaffected by the Covid-19 situation. Buyers are using the current ultra-low mortgage rates. Multiple buyers continue to compete for limited available listings. Double-digit annual price growth is still the norm throughout the GTA. Buyers are looking to the suburbs around Toronto as business practices put the work...place in home offices. GTA REALTORS reported 10,970 sales through TRREB’s MLS System in February 2021 a 52.5 per cent increase compared to 7,193 sales reported in February 2020. The condo market is back with a 64 per cent sales increase compared to last year. Demand for housing experienced in the second half of last year is continuing this year with suburban low-rise properties. It’s still a huge sellers' market. The MLS Home Price Index Composite Benchmark was up by 14.8 per cent year-over-year in February 2021. Over the same period, the average selling price was up by 14.9 per cent to $1,045,488. Market conditions were tight throughout the GTA region in February. The detached, semi-detached and townhouse market segments in suburban areas were the drivers of average price growth. Without an increase in inventory, the current relationship between demand and supply will likely continue with double-digit average home price growth this year. In addition, if we continue to see condo sales outstrip growth in new condo listings in Toronto. Renewed price growth in this market segment is a distinct possibility in the second half of the year. GTA residents are no longer afraid of Covid-19 and want to own a home. The economy will open further and immigration into the GTA will resume creating more demand. See more

Proudly presenting henryhomes.ca. Check it out and let me know what you think. We have a new Web host #GoDaddy #WebsiteBuilder via @GoDaddy

https://trnto.com/city-and-colour-teams-up-with-raptors-co/ 167 Lakeshore Rd West Port Credit gets Carlos’s Bakery. Another reason to come to Port Credit.

Just a short shout out about yesterdays Teranet real estate statistics

There is a lot of work to do to get your home sold for more money. The buyer asks me if we can do better with the price and I say: "We can make it more!!" Let me explain many other strategies we use to get the best price for your home.

https://housepriceindex.ca/2020/12/november2020/ Post Category: Monthly Reports Share on: TweetShare... December 17, 2020 The strongest index rise for a month of November In November the TeranetNational Bank National Composite House Price IndexTM was up 0.9% from the previous month, the strongest gain for a month of November in the 22 years of the index. It was the second consecutive month to show the biggest rise in index history for the month in question. The rise was led by six metropolitan areas: Hamilton (1.9%), Halifax (1.6%), Montreal (1.4%), Ottawa-Gatineau (1.3%), Victoria (1.1%) and Vancouver (1.0%). Though lagging the countrywide average, monthly increases were highly respectable for Toronto (0.8%), Quebec City (0.7%), Winnipeg (0.6%) and Edmonton (0.4%). For Calgary, the rise was a more modest 0.2%. It was the third consecutive month of rises for all 11 of the metropolitan markets surveyed. The strong rise of prices is consistent with the revival of home sales volume over the last several months reported by the Canadian Real Estate Association. For a third straight month, the number of sale pairs[1] entering into the 11 metropolitan indexes was higher than a year earlier. The unsmoothed composite index,[2] seasonally adjusted, was up 0.8% in November a cooling from the rises of the previous three months, suggesting that the uptrend of the published (smoothed) index could slow in coming months.