May 17, 2020
Which direction Toronto Housing prices would go post-COVID-19?
In my previous blog, I had mentioned that according to the Toronto Regional Real Estate Board (TRREB)’s report home sales were down by 67% but the new listings were also down with almost the same ratio.
I shared many more interesting facts and I tried to analyze which direction the home prices could go in the blog. To read that blog you go to this link https://rem.ax/2WH2MNZ
May 9, 2020
TRREBR Market report April-2020
According to Toronto Regional Real Estate Board (TRREBR)’s report for April-2020, Sales in the month were down by a whopping sixty-seven percent while new listing fell by a similar rate compared to the same month a year ago, 2019.
It is interesting to know that the average home sale compared price to April-2019 was up by 0.1% even though it fell by almost 12% compared last month, March 2019.
April 23, 2020
Toronto Regional Real Estate Board (TRREB) has released sales figures for pre and post COVID-19 Sales data.
We can see a sharp decline in both sales and new listings from April 1st to April 17th, 2020.
Total residential transactions during the first 17 days in April went down remarkably by -69%.
Total new listings had a similar effect and went down by 64% for the same period.
April 3, 2020
The latest Real Estate sales figures for March have come out today.
This is important to note that March is the month in which the first 14 days are referred to as pre-COVID-19 and 15th to 31st of March as post-COVID-19. So, it's important to differentiate the two periods to fully understand the report and the impact of COVID-19 on the Real Estate market.
According to the Toronto Regional Real Estate Board (TRREB), home sales in the entire month of March 2020 were up by 12.3 percent compared to March 2019.
Apr 4, 2020
Worried about the housing market after COVID-19? You are not alone.
Everyone, buyers and sellers alike, is trying to gauge the impact of COVID-19 on the housing market after life gets back to normal. How many people will be jobless, what will happen to mortgages, will the house prices take a dip, if so how long will it take to rebound, is it a good time to buy or sell? and so on.
Here is a detailed analysis that appeared in The Toronto Star today; https://rem.ax/3aJFnRN
While suffering from Coronavirus, CNN’s anchor Chris Cuomo has become the biggest advocate of social distancing to fight against Coronavirus pandemic.
He explained in this interview about his own personal experience, how is he enduring the suffering, what is he doing to fight it out, and what we should be doing to avoid being a victim of this virus.
Interestingly, chicken soup is helping him during this time but he said it may differ from person to person.
It is serious, Oakville Mayor Rob Burton signed a new bylaw on Friday, April 3, 2020, effective immediately, that could slap a hefty fine of up to $100,000 to those individuals who are not following the social distancing guidelines.
The article in InsideHalton.com says;
"Congregating in an Oakville park or sports field during the coronavirus pandemic could now cost residents up to $100,000.
Mar 30, 2020
I hope and pray that you are safe and enjoying with your families.
I’m sure an obvious question lurking in your minds these days, like many others, would be what is the Real Estate outlook after we get over the Coronavirus?
In uncertain times no one can predict the future; having said that here are my thoughts and analysis of the outlook of the Real Estate market considering the current situation would be brought under control soon and not prolong to the end of the year or beyond.
Mar 18, 2020
Canada’s six largest banks (Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada and Toronto-Dominion Bank) have stood up to the occasion and in these challenging times, they have offered to deffer up to six mortgage payments to give relief to families hit by COVID019.
It is times like these individuals and institutions come forward to help each other.
PROFESSIONALISM, INTEGRITY, COMMITTMENT
With a strong passion for real estate and an unwavering commitment to integrity, I am dedicated to delivering exceptional service to my clients. My extensive experience, coupled with a diverse background, allows me to offer a comprehensive approach to all your real estate needs.
Professional Achievements:
RE/MAX has more than 100,000 agents across 95+ countries and sells more real estate than any other Canadian brand.
At RE/MAX Real Estate Centre Inc., I am committed to providing you, your family, and friends with exceptional services for all your real estate needs, including Residential, Commercial, and Agri/Farm Business.
RE/MAX Real Estate Centre Inc. operates out of over a dozen locations with over a thousand trained real estate professionals. In 2017 alone, 10,852 properties were sold, and 105,144 appointments were scheduled.
With my background in IT and Project Management, combined with years of dedicated service to charitable and nonprofit organizations, I bring professionalism, ethics, and sincerity to every transaction. I strive for excellence in everything I do.
If you are looking to buy or sell your next home or business, I would be delighted to help you achieve your goals. My focus is not on short-term gains but on building long-term relationships by finding solutions that best meet your needs.
My focus is on building long-term relationships with my clients by providing:
I am available during weekdays and weekends and will personally meet or return your call at a time convenient for you.
You can reach me directly by calling 416-908-5600 or by emailing me at info@aqmufti.com.
I look forward to hearing from you soon.
A. Q. Mufti
Your Trusted Realtor in Mississauga, Oakville, Milton and beyond.
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