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Sam Chaim - Making A Difference For You!
Re/Max Realtron
416-543-7252
sam@samchaim.com
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Direct - Voice & Text 416-543-7252 | Sam@SamChaim.com |
It's the what if's and the maybe's that keep us from taking a step forward. It's easy to stay stuck in the cycle of planning our dreams but not acting on them out of fear and doubt.
It's good to remember that no matter the action there's a consequence (good or bad) and you'll always figure it out.
Sam Chaim
Re/Max Realtron
416-543-7252
sam@samchaim.com
Sam Chaim - Making A Difference For You!
Re/Max Realtron
416-543-7252
sam@samchaim.com
List your home with Re/Max and Me - a winning combination and enter for a chance to win 1 of 3 prizes of a $10,000 gift card for a vacation rental in the RE/MAX Sale Away Contest.
Entering into a listing agreement with a RE/MAX agent between March 1, 2022 and July 20, 2022 is required for entry.
Finding the right buyer for your home? That’s up to us.
One winner will be drawn on each of three following draw dates June 8, 2022, June 29, 2022, July 21, 2022. Prizes will be awarded via an Airbnb gift card, valued at CAD $10,000.
Are you or someone you know thinking of buying or selling a home in Toronto, ON or surrounding areas?
Reach out today to start the home buying or selling process!
Click here to read the full April 2022 Housing Market Update
Sam Chaim - Making A Difference For You!
Re/Max Realtron
416-543-7252
sam@samchaim.com
The GTA housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. There were 8,008 homes sold in April 2022 – a 41.2% decrease compared to April 2021 and a 27% decrease compared to March 2022.
On a year-over-year basis, the decline in sales was greater in the ‘905’ area code regions surrounding Toronto, particularly for detached houses. The benchmark price was up by 30.6% year-over-year in April 2022 but was down in comparison to the March level. The average selling price, at $1,254,436, was up by 15% compared to April 2021, but down compared to the average selling price of $1,300,082 in March 2022.
Read Full TRREB Market Report
Contact me with questions as to how this impacts your buying or selling decisions!
Sam Chaim - Making A Difference For You!
Re/Max Realtron
416-543-7252
sam@samchaim.com
There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record. Tight market conditions continued to support a double-digit annual pace of price growth, with an average selling price of $1.3 million.
The average selling price dipped slightly month-over-month, bucking the regular seasonal trend. New listings were also down on a year-over-year basis, but by a much lesser annual rate than sales. This suggests that while market conditions remained very tight, homebuyers did not experience the same level of competition from other buyers compared to a year earlier.
Contact me with questions as to how this impacts your buying or selling decisions!
Sam Chaim - Making A Difference For You!
Re/Max Realtron
416-543-7252
sam@samchaim.com
November 2021 stats are out!
Click here for Markham, ON.
Click here for Vaughan, ON.
Click here for Richmond Hill, ON.
Have questions about how this may impact your home selling or buying decision?! Contact me!
Professionals in my Referral Network bring you peace-of-mind during a busy time. You can trust them to deliver the same high level of customer service that I provide. Together we can Make A Difference For You!
Click here to learn more!
October 2021 stats are out!
Click here for Markham, ON.
Click here for Vaughan, ON.
Click here for Richmond Hill, ON.
Have questions about how this may impact your home selling or buying decision?! contact me!
Looking for way to show gratitude to people you aren’t seeing in-person this season? The digital world has plenty of options for sending caring messages to family and friends! The information below offers a few heartfelt ways to tell another person you’re thinking about them when you can’t meet face-to-face.
Here's how online cards, gift cards, video messages and other tactics can bring joy to others in an authentic way in just a few clicks.
Do you know how to tell if cybercriminals have gone “phishing” for your personal information?
Learn to spot the red flags of a suspicious email so the identity thieves never get their big catch!
Here are some tips for identifying fake emails so you can click with confidence and keep your personal information protected. Remember these best practices whenever you run through your inbox!
The Toronto real estate market continued to be extremely active in July but the pace has eased somewhat for now. The Toronto Regional Real Estate Board (TRREB) reported sales of 9390 homes a 19.9 % drop from July 2020 and overall inventory was down more than 35%. Keep in mind that by summer of 2020 the pent-up demand from the early months of the pandemic was emerging at full throttle. July’s supply of listings was not enough to ease the tight market conditions so the significant level of multiple offers continues.
The combined average selling price in July of all types of homes, freehold and condo, came in at $1,062,256 which is 12.6% higher than 1 year ago. The detached market segment led the way in terms of price growth and continued to be driven by sales in the suburban regions surrounding Toronto. On a seasonally adjusted basis, the average price was up by 0.9 per cent compared to last month.
The annual rate of price growth remains in double digits but has moderated since the early spring. All this is still without the benefit of open borders which may begin to impact the market as fully vaccinated immigrants arrive in the coming weeks. This will put additional pressure on pricing and inventory. Our government needs to streamline its approach for new developments and renovation applications to help ease the inventory situation in the GTA. Financing rates remained stable as the Government of Canada seems content to leave things as they are. Rising cost of construction materials and labour are all factors expected to keep prices increasing for the foreseeable future.
The advice today is not much different than over the last few months. If you’re thinking of buying or selling, or know someone who is, please know that I am here to help. Let my real estate experience guide you through the process and my business experience negotiate the right deal for you.
Remember, putting clients’ interests above mine is a priority while providing professional guidance and protection in one of the largest financial transactions clients will ever make. I am always available to help you and grateful if you have someone you care about to refer!!
Have a great rest of the summer and stay safe.
Final phase of The Thornhill Condos-The Boulevard, at Beverley Glen & Bathurst by Daniels & Baif has just been released. Contact me today for VIP access and further information.
Click here for further information!