A. Q.  Mufti

A. Q. Mufti

Sales Representative

RE/MAX Real Estate Centre Inc., Brokerage*

Mobile:
416-908-5600
Office:
905-270-2000
Email Me
A. Q.  Mufti

A. Q. Mufti

Sales Representative

RE/MAX Real Estate Centre Inc., Brokerage*

Mobile:
416-908-5600
Office:
905-270-2000
Email Me

Breakdown of TRREB home sales report for June 2021

July 8, 2021

Finally, in its latest sales report for June 2021, Toronto Region Real Estate Board (TRREB) confirms, what I have been educating my clients for a long time, the home prices would continue to keep the upward trajectory sighting the influx of new immigrants waiting for travel restrictions lifted for air travels after the COVID-19 pandemic.

The TRREB report says “…a resumption of
population growth based on immigration is only months away. While the primary focus of policymakers has been artificially curbing demand, the only long-term solution to affordability is increasing supply to accommodate perpetual housing needs in a growing region,”

While the total number of houses exchanged hands were down by 9.1%, keeping up the tradition for the month, compared to last month but it outpaced the same month of last year by 28.5%.

Similarly, the average selling price kept the double-digit growth of 17% compared to last year while maintaining a plateau compared with last month this year, somewhat good news for the potential Buyers.

There were slightly few new properties on the market having a 0.1% decline compared with the year 2020 the same month.

It seems that the competition among the buyers was the force behind limiting the number of average days for a property to remain in the market by 34.6 fewer days than compared to the same month last year.

The competition was also visible comparing the June 2021 number of days with May 2021 for a property to be in the market by 27.8% fewer days.

Condominium sales, contrary to general perception, leaped forward by almost doubling to 79.8% more than recorded in May.

The average selling price of Condominiums saw a slight dip though of 1.4% decrease compared to last year, 2020.

Total condominium properties brought for sale in the market jumped by 42.8%, compared to the same last year.

There was increased activity in the selling/purchasing of the condominiums, an increase of 17%, compared with the same month in the last year, 2020.

The condos remained for 35.3% more days in the market compared to last year.

The condominium rental market also saw a decline in the average rental value of a one-bedroom apartment which was reduced by almost 17%.

There were almost double (78.8%) the condo apartments available for rent in the market compared to last year.

 

I am always available to discuss further and find the best solution for your requirements and situation whether you are planning to buy or sell or both to move to a bigger house or downsizing.

There is always a better solution a professional can provide, sometimes beyond your thoughts.

I will be glad to receive your call at your earliest convenience at 416-908-5600.

 

Take care of yourselves and follow the safety precautions defined by healthcare professionals.

Please pray for the safety of all and seeing an end to the COVID-19 pandemic soon.

#BeSafeAndHelpOthersBeSafe

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A. Q. Mufti

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416-908-5600

  

905-270-2000

  

INTEGRITY, WORK ETHICS, DEPENDABILITY

A glance at my achievements and passion;

  • Realtor
  • Former Member of Toronto Real Estate Board (TREB) Committee
  • Certified Project Management Professional (PMP)
  • Master Degree in Geography
  • Past Project Manager
  • Past IT consultant
  • Queen's Diamond Jubilee Medal
  • Gold Medal of Excellence for Human Rights
  • Community award for dedicated community services
  • Member of Mississauga mayor’s Diversity Advisory Committee
  • Chair - Family Day Walkathon, raising $250K for a local hospital
  • Member of Halton District School Board's Education Committee
  • Member of Halton Region Police MFST
  • Former Member of Peel Region Public School Council
  • Former Scouts Canada leader
  • Former Team Captain of Cancer Society’s Relay for Life
  • Former Board member of an international relief organization
  • Column writer
  • TV Panelist on current affairs

RE/MAX has more than 100,000 agents in more than 95 countries agents and sells more real estate than any other Canadian brand.


At RE/MAX Real Estate Centre Inc., I’m here to provide you, your family, and friends with exceptional services for your real estate needs including Residential, Commercial, and Agri/Farm Business.


RE/MAX Real Estate Centre Inc. operates out of 17 locations with approximately 920+ trained real estate professionals. 10,852 properties were sold and 105,144 appointments were scheduled in 2017 alone!

With my background in IT and Project Management and, over the several years, contributing to many charitable/not for profit organizations as a board member, I bring professionalism, ethics, sincerity, and I strive for excellence.

If you are looking for a new place to live or do business and want to sell and/or buy your next home and/or business, I would be delighted to help you achieve your goals.
I am not looking for short term gains, rather long term relationships, with the sole focus of finding solutions that best meet your needs.
I truly believe you are my best promoter when you tell others that you have received:

  •  My dedicated attention
  •  Best promotion
  •  Strong negotiation skills
  •  Taking care of critical facts
  •  Eye on items normally ignored
  •  Awareness of Market Trends
  •  Open discussion of the pros and cons

I am available during weekdays and weekends and would meet or pick up the phone personally or return your call at a time convenient for you.

You may reach me directly by calling 416-908-5600 or send me an email at your convenience at info@aqmufti.com.

I look forward to hearing from you soon.


Wishing you and your family all the fun and enjoyment.



Education: MSc

Specialty: Buy, Sell, and Rent Residential, Commercial, and Agricultural Properties

Awards: Certified Project Management Professional(PMP), Master Degree in Geography, Past IT consultant, Project Manager, Queen's Diamond Jubilee Medal Gold Medal of Excellence for Human Rights, Community award for dedicated community services Award, Member of TREB Members Communications Committee, Member of Mississauga mayor’s Diversity Advisory Committee, Former Scouts Canada leader, Former Team Captain of Cancer Society’s Relay for Life, Member of Halton Region Equity and Inclusive Education Committee

Area Covered: GTA and beyond including Waterloo, London, Oxford, Woodstock, Niagara, Thorold

Languages Spoken: Arabic, English, Hindi, Punjabi, Urdu



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