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

GTA REALTORS® Release October 2021 Stats

Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to last year, and the annual rate of average price growth remained in the double digits, including for the resurgent condominium apartment segment.

“The only sustainable way to address housing affordability in the GTA is to deal with the persistent mismatch between demand and supply. Demand isn’t going away. And that’s why all three levels of government need to focus on supply. The federal government has stated that collaboration with provinces and municipalities is required. This collaboration could be spearheaded, at least in part, with housing-related incentives tied to federal infrastructure investment,” said TRREB President Kevin Crigger.

GTA REALTORS® reported 9,783 sales through TRREB’s MLS® System in October 2021 – down by 6.9 percent compared to the October 2020 record of 10,503. A strong double-digit increase in condominium apartment sales mitigated annual declines in low-rise home sales. The number of new listings entered into the system was down by almost a third over the same period, with consistent declines across all major home types.

The MLS® Home Price Index Composite Benchmark was up by 24.2 percent year-over-year. The average selling price for all homes combined rose by 19.3 percent year-over-year to $1,155,345. The low-rise market continued to drive price growth in October, but the annual price growth for condominium apartments was in the double digits as well.

“The tight market conditions across all market segments and areas of the GTA is testament to the broadening scope of economic recovery in the region and household confidence that this recovery will continue. A key part of future economic development in the GTA will be the ability to provide adequate ownership and rental housing supply so that people can continue to move to the region to live, work, and spend money in the local economy,” said TRREB Chief Market Analyst Jason Mercer.

David Gharat

website: www.housecondopro.com

website: www.condostobuy.ca

website: www.dyghomes.com

website: www.housereport.ca

 

 

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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