JUNE 2021
ATTENTION POSTMASTER: Time Sensitive Materials
ABOUTOWNE
Realty Corp., Brokerage 1235 North Service Road W. Suite 100, Oakville, ON L6M 2W2
TEAM
Each Office Independently Owned and Operated.
416.520.4785
REAL ESTATE MARKET REPORT
Nancy@NancyShea.ca
www.NancyShea.ca
1 YEAR LATER: HOW HAS THE REAL ESTATE MARKET CHANGED?
Due to the COVID-19 pandemic, many people are weathering new and sometimes permanent changes. Similarly, the real estate market has seen a dramatic change. An analysis of April 2019 to 2021 gives us an idea of how much the market has shifted.
ATTACHED HOME TRENDS HOMES SOLD
512 245 2019
2020
1,033 2021
AVERAGE SALES PRICES
$723K $730K 2019
2020
$817K 2021
Attached home sales were 102% higher in April 2021 than April 2019. April 2021 sold prices were 13% higher than April 2019. • Developers are resuming building, which may ease inventory struggles
• Canada had the lowest growth rate in over a century. As travel and immigration return, foreign investor demand may increase
PREPARED ESPECIALLY FOR
JONATHAN AND ANGELA-MARIE WILLIAMS
• Low mortgage rates grant buyers additional purchasing power
PRESENTED BY
JONATHAN AND ANGELA-MARIE, The Vancouver market is showing strong signs of improvement, and properties just like yours continue to be in high demand. If you are thinking about selling, call me today at 416.520.4785, and let me help you achieve your real estate goals.
The Nancy Shea Team, Your Ford Specialists TEAM
www.NancyShea.ca