David  Gharat

David Gharat

Broker

Right at Home Realty, Brokerage*

Mobile:
416-729-2333
Office:
416-391-3232
Email Me
David  Gharat

David Gharat

Broker

Right at Home Realty, Brokerage*

Mobile:
416-729-2333
Office:
416-391-3232
Email Me

Condo Market Report Q1 - 2022

Q1 2022 Condo Market Report

Condominium apartment sales remained strong historically in Q1 2022. Seller’s market conditions remained in place with the average selling price increasing by more than 20 per cent year-over-year. Greater Toronto Area (GTA) REALTORS® reported 7,932 sales through TRREB’s MLS® System in Q1 2022 – a decrease of 15.6 per cent compared to the record Q1 2021 result of 9,399 sales.

“Condominium apartments represent a key market segment in the GTA, providing housing for an array of households. Many first-time buyers see condos as an affordable entry point into homeownership. At the other end of the spectrum, condos provide a luxury alternative for many households. It is also important to note that investor-owned condominium apartments have been an important source of rental supply over the past decade,” said TRREB President Kevin Crigger.

While first-quarter sales were down year-over-year, new listings of condominium apartments were basically flat, meaning condo buyers had some relief in terms of market conditions. However, market conditions remained tight enough to support double-digit annual average price gains, with the average condominium apartment selling price increasing by 22.5 per cent to $790,398.

“The GTA population will grow at or near record levels over the next few years, supported by a strong regional economy. The condominium apartment segment will be an important source of housing, both for people looking to purchase a home and also those looking to rent. This will continue to support price growth, but the pace of price appreciation may moderate as the market becomes more balanced over the next year,” said TRREB Chief Market Analyst Jason Mercer.

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David Gharat

 Broker - D.Y.G Real Estate Toronto 

Seniors Real Estate Specialist - Canada

REALTORS® with the SRES® designation are specifically trained to serve the needs and interests of real estate buyers and sellers age 50+.
SRES® Designees join an elite group of real estate professionals serving the 50+ market

SRES® is the only “seniors real estate” designation recognized by NAR. 

 


Welcome To David Gharat's Website

Expert in Real Estate Sales and Condo Investments in Toronto, North York, East York, Markham, Pickering, Ajax, Oshawa, Mississauga, Oakville, Burlington, Hamilton and Niagara areas.

 

Our Clients

Age 50+, Retirees - Seniors selling their home to relocate or downsize

New and Experienced Buyers, Investors

First Time Home Buyers

Specialize in

Resale Condos

Residential Houses/Buy/Sell

Finance/Mortgage Referrals

Relocation Referrals

Rental/Lease

*Referrals To Property Management (Duplex/Triplex/Fourplex)

   Why Home Owners Sell With Us

*Specialized Global Marketing program

 

*Network of Buyers belong to the Elite Investors Circle... what this means?

  Your property could sell at a Higher Price

 

To Help David And Team Serve You Better Please Complete The Form That Best Suits Your Needs

Free Home Evaluation ReportDream Home FinderPower Of Sale AlertsSee When Your Neighbours Are SellingReal Estate Reports

 

We DON'T just SELL - We SELL for High Value

We serve all types of residential real estate clients in Toronto and surrounding areas.

Our passion is helping mature age 50+, Retirees-Empty Nesters to relocate and get the very best price they can for their homes or condominiums.

 

Whether you are looking to buy, sell, relocate or invest, I have the expertise to help you achieve your real estate goals.

With a combined 19+ years of sales and marketing experience, you can trust David Gharat to give you the best in value and customer service.

Our communication and listening skills enable an enjoyable and stress-free selling and buying experience

As a Seniors Real Estate Specialist (SRES), David is specially trained to serve the needs and interests of real estate clients age 60 + looking to retire, relocate, downsize, upsize or invest.

Give us a call to arrange to see a specific property or a friendly chat.

*case by case basis

 

DEDICATION | TRUST | VALUE

 


David is a member of the following professional Real Estate Organizations

 

TREB (past) Government Relations Committee Member

TREB (past) Consumer Relations Committee Member

TREB-Toronto Real Estate Board
NAR-National Association of Realtors 

RECO-The Real Estate Council of Ontario
OREA-Ontario Real Estate Association
CREA-Canadian Real Estate Association

 


 

           



Designation: SRES

Education: Broker - SRES Seniors Real Estate Specialist Canada

Specialty: Buy & Sell Houses-Condos, Pre-Construction Condos, Investments Rental, Leasing, Property Management, Mortgage Referrals

Experience: Since 2013

Awards: 100% Club Award Winner-Executive Club Award

Area Covered: Toronto, East York, North York, Markham, Scarborough, Pickering, Ajax, Mississauga

Languages Spoken: English