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Maria Homes Team | Blog

Wednesday, July 7, 2021   /   by Maria Ho

June 2021 Market Stats Update

REAL ESTATE MARKET STATISTICS

June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased by double digits compared to last year as well, but the annual rate of increase moderated compared to the previous three months.
Greater Toronto Area REALTORS® reported 11,106 sales through TRREB’s MLS® System in June 2021 – up by 28.5 per cent compared to June 2020. Looking at the GTA as a whole, year-over-year sales growth was strongest in the condominium apartment segment, both in the City of Toronto and some of the surrounding suburbs. On a month-over-month basis, both actual and seasonally adjusted sales continued to trend lower in June.
“We have seen market activity transition from a record pace to a robust pace over the last three months. While this could provide some relief fo ...

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Thursday, June 17, 2021   /   by Maria Ho

June 2021 Homeward Bound

Happy Father’s Day!!

Wishing you and your family a very Happy Father’s Day knowing Dads both here and no longer here are special in more ways than we can count. It’s a challenging time for so many of us as the times are restricted to spend in close contact with our loved ones especially elderly parents or ones living in different countries. For my family, this marks the 2 nd Father’s Day that my father has passed away and left behind his 4 loving children and 5 grandchildren. I also know several close friends and clients whose fathers are no longer with them during this past year and they are dearly missed. May you remember and celebrate the fond memories, the strength and wisdom, and the legacy of our father’s role model in our life.

 
As a working Mom myself, and in my personal growth, I’m so excited and motivated to be working with a most incredible team of professionals who are dedicated to serving our clients and touching people& ...

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Friday, June 11, 2021   /   by Maria Ho

May 2021 Market Stats Update

REAL ESTATE MARKET STATISTICS

Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May.
Greater Toronto Area REALTORS® reported 11,951 sales in May 2021 – more than double the result from May 2020, the second full month of the pandemic. May 2021 sales were below the May 2016 record of 12,789 but remained well above the average May sales of 10,336 for the 2010 through 2019 period. Often, May is the strongest sales month in any given year; however, 2021 results bucked this trend, with May sales below the 15,646 deals reported in March.
“There has been strong demand for ownership housing in all parts of the GTA for both ground-oriented home types and condominium apartments. This was fueled b ...

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Tuesday, May 11, 2021   /   by Maria Ho

The Benefits of Self-Storage Solutions when Moving

As many of us know, moving into a new home can be a challenge. However, renting a self-storage unit can make that process a lot easier. Here are some ways that a self-storage unit can help you during your next move.
Clear the clutter
Even before the move, during the selling process, a self-storage unit can be incredibly helpful for removing clutter from your home and getting it ready for staging. This is a perfect time to take inventory of everything you own and decide what you want to keep and what you want to throw away.
Make moving day less stressful
Having some of your stuff in self storage before the move makes the moving day much less chaotic, so you won’t be overwhelmed by having to move all your items out at once. After you’ve moved the main portion of items into your new home you can go back into your storage unit and take things out at your own pace.  
Self-Storage can help you get organized
Whether you hire a moving company or decide to rent a movin5 ...

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Thursday, May 6, 2021   /   by Maria Ho

April 2021 Market Stats Update

REAL ESTATE MARKET STATISTICS

Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported. GTA REALTORS® reported 13,663 sales through TRREB’s MLS® System in April 2021 – a 12.7 per cent decrease compared to March 2021, but more than quadruple the number of sales reported in April 2020, when the economic impact of COVID-19 was arguably the worst. Compared to the ten-year sales average of 10,000 for the April 2010 to April 2019 period, the April 2021 sales result was up by 36.6 per cent. New listings followed a similar track – down by 8.4 per cent compared to March 2021, but more than triple the number of new listings reported in April 2020. Compared to the ten-year new listings average for ...

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  maria homes team, maria ho, market report, 2021 market stats