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Karen Lee

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Karen Lee, Real Estate Company, Thornhill, ON.

01/25/2021

"...a number of major Canadian real estate markets saw unprecedented demand for homes priced over $1 million in 2020, a trend that’s expected to continue through 2021, especially as consumer confidence returns thanks to the (slow) COVID-19 vaccine roll-out."

On a national level, Canadian homes priced over $1 million are forecast to grow in value by 7.5% in 2021, according to Engel & Völkers.

01/22/2021

"...January is proving that last month’s Big Condo Energy is holding strong, as 416 sales have nearly doubled the activity of 2020 on a year-to-date basis."

January is proving that last month's energy is holding strong, as Toronto condo sales have nearly doubled 2020 activity so far this year.

01/20/2021

"As the COVID-19 pandemic continues, the housing market in Toronto has managed to remain robust during an unprecedented, and therefore, unpredictable time."

As the COVID-19 pandemic continues, Toronto's real estate market has managed to remain robust during an unprecedented, and therefore, unpredictable time.

01/15/2021

So many interesting things happened in the real estate market last year! It certainly was a unique year for all of us.

"The RE/MAX Fall Market Outlook reported that urban condos took a back seat to suburban, rural and recreational properties, in the face of shifting work/life dynamics. ... a RE/MAX survey conducted by Leger found that 32% of Canadians no longer wanted to live in urban centres, opting for rural or suburban communities instead"

Canadian real estate surprised everyone in 2020. While the markets closed the year with red-hot, record-breaking activity, the year brought much uncertainty, financial upheaval, renewed forecasts of a bursting housing bubble, and other news that will likely continue to impact market activity in 2021...

01/14/2021

"The Toronto real estate market broke multiple records to close out 2020, from the annual average home price to sales.

There were 7,180 real estate sales in the Greater Toronto Area (GTA) recorded in December, which is a 64.5 per cent increase over the same period last year."

Even the condo market finished December and 2020 off on a high in a Toronto real estate market that broke sales and price records

01/11/2021

"The massive Value Village by Bloor and Lansdowne will soon become a pair of condo towers and a new GO station."

The massive Value Village by Bloor and Lansdowne will soon become a pair of condo towers and a new GO station. After nearly a year of speculation ...

01/08/2021

"While the year has taken its toll on Canadians, real estate fiends across the nation are ending 2020 on a relatively positive note: according to new data, the proportion of Canadians who believe the next six months will bring an increase in their neighbourhood’s real estate value has reached a nine-month high."

The level of consumer confidence in Canada remains above its 2020 average, according to a new Bloomberg Nanos Canadian Confidence Index (BNCCI).

01/06/2021

"The average sale price has increased by 24 per cent, according to the latest monthly report."

One realtor says house prices in Windsor-Essex will continue to rise in 2021.

01/04/2021

"During the chaos of 2020, when nearly everything in the city came to a grinding halt for long stretches at a time, the one thing that never stopped churning was the real estate market."

In a year when everything in the city came to a grinding halt for long stretches at a time, the one thing that never stopped churning was the real estate market

12/18/2020

"Residential real estate is surging. Demand for housing has exceeded supply through the last half of 2020. This has put pressure on home prices, which Royal LePage says, in their Market Survey Forecast predicts a five and a half per cent increase in the price of the average home in 2021."

TORONTO – BUSINESS – Residential real estate is surging. Demand for housing has exceeded supply through the last half of 2020. This has put pressure on home prices, which Royal LePage says, in their Market Survey Forecast predicts a five and a half per cent increase in the price of the average h...

12/16/2020

"It is only natural to ask if the market has already gone too far too fast and wonder if you have missed a once-in-a-lifetime opportunity to find your forever home?

I would argue you have not missed the opportunity if you plan on buying and holding on to it for a reasonable period of time. "

Reflecting back on 2020, clearly one of the big winners has been the real estate market. You have not missed the opportunity if you plan on buying and holding on to a home for a reasonable period of time, CTV News' Chief Financial Commentator Pattie Lovett-Reid writes.

12/15/2020

"According to October’s sales-to-new-listings ratio, Orangeville, at 105 per cent, was the most competitive market in the Greater Toronto Area. St. Catharines was the most competitive city in Ontario among the 35 markets listed."

Zoocasa reports that Toronto was the least competitive real estate market among 35 ranked cities according to the sales-to-new-listings ratio

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Thornhill, ON
L4J1V9

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