David  Gharat

David Gharat

Broker

Right at Home Realty Inc., Brokerage*

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

David Gharat

Broker

Right at Home Realty Inc., Brokerage*

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

November 2021 Housing Market Statistics

GTA REALTORS® Release November 2021 Stats

Home sales reached a new record for the month of November and the average selling price also reached a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent supply issue across all home types in the Greater Toronto Area (GTA).

GTA REALTORS® reported 9,017 home sales through TRREB's MLS® System in November 2021 – 3.3 percent above the November 2020 result, setting a new record. In contrast, new listings were down by 13.2 percent year-over-year, with double-digit declines for low-rise home types, and condominium apartments.

"Governments at all levels must take coordinated action to increase supply in the immediate term to begin addressing the supply challenges of today and to work towards satisfying growing demand in the future. The GTA remains the primary destination for new immigrants and is at the center of the Canadian economy. For far too long governments have focused on short-term bandaid policies to artificially suppress demand. Current market activity highlights decisively that these policies do not work, and unless governments work together to cut red tape, streamline the approval processes, and incentivize mid-density housing ongoing housing affordability challenges will escalate. On this point, we commend the City of Toronto for moving forward with initiatives to facilitate the creation of more mid-density home types, including their current consultations on options to encourage more multiplex development across the city," said TRREB President Kevin Crigger.

The MLS® Home Price Index composite benchmark was up by 28.3 percent year-over-year in November 2021. The average selling price for all home types combined was $1,163,323 – up by 21.7 percent compared to November 2020.

"A key difference this year compared to last is how the condo segment continues to tighten and experience an acceleration in price growth, particularly in suburban areas. This speaks to the broadening of economic recovery, with first-time buyers moving back into the market in a big way this year. The condo and townhouse segments, with lower price points on average, will remain popular as population growth picks up over the next two years," 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

 


 

           



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