February 2021 Market Report
From a real estate perspective, our year is off to an incredible start!
The current market in the GTA is extremely active. Demand is continuing to outpace supply, helping to fuel high sale prices across the region for detached homes, semi-detached homes and townhomes.
One exception is the condo market, which has declined on a year-over-year basis. This is a little misleading, however, as COVD-19 hadn’t yet shutdown the economy last February. Despite numbers still being somewhat depressed, they have improved since autumn. Overall the condo market seems to be on the road to recovery.
With the spring market fast approaching, we expect an inventory increase and continued high demand.
Take a look at the detailed numbers below. If you have any questions about the market or selling your home, get in touch – we’re here to help!
Vaughan
Toronto
Richmond Hill
Markham
Aurora
Newmarket
How We Compare
Canada’s First Home Saving’s Account
Canada's First Home Savings Account The Canadian government has recently introduced the First Home Savings Account (FHSA) as a new way for Canadians to save towards the purchase of their first home. Here's everything
February 2023 Greater Toronto Real Estate Market Report
Greater Toronto Real Estate Market Report February 2023 February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022. However, the number of new listings also
Buy With Team Elfassy
Buy With Team Elfassy Did you know we've been helping first time buyers and families find new homes for over 15 years? Team Elfassy has helped over 1,200 families over the years, saving
How Can We Help You?
Whether you’re looking for your first home, your dream home or would like to sell, we’d love to work with you! Fill out the form below and a member of our team will be in touch within 24 hours to discuss your real estate needs.
Dave Elfassy, Broker
PHONE: 416.899.1199 | EMAIL: [email protected]
Sutt
on Group-Admiral Realty Inc., Brokerage
1206 Centre Street
Thornhill, ON
L4J 3M9
Read Our Reviews!
What does it mean to be 1NVALUABLE? It means we’ve got your back. We understand the trust that you’ve placed in us. That’s why we’ll do everything we can to protect your interests–fiercely and without compromise. We’ll work tirelessly to deliver the best possible outcome for you and your family, because we understand what “home” means to you.
