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

Home sales report for July 2021

August 18, 2021

Contrary to the general perception of property prices stalling, and even going down, Toronto Region Real Estate Board (TRREB)’s sales report for July 2021, portrays a different picture.

It shows shrinkage in inventory and overall sales but also a continuous upward trend of the sales prices.

While the total number of house sales was down by 14.9%, compared to the same month last year, and 2% fewer sales compared to last month, the year over year price, comparing the same months, went up by 12.9%.

The sales price continued its rise by .9% comparing with the last month that is June 2021.

It is important to note that the number of new listings coming into the market was notably down by 30.7% compared to the same month last year.

With the tight inventory, sales went up by 14% for the new listings in the market.

It appears that the tight inventory also pushed the buyers to make quick decisions so the average days for a listing to remain in the market went significantly down by 20%. The speed of house sales also increased by 11.8% compared with the last month taking fewer days to sell the property.

Once again contrary to the general perception, the Condominium sales saw a whopping increase of 155% compared to last year. The average selling piece also continued its upward trajectory by a 10.8% increase.

There were 14,437 new listings of Condominiums in the market a notable 64.6% increase.

While there were more new listings in the market so were the sales of the listing up by 22%.

It took 13 days compared to 19 days in the same period of last year, a reduction of 31.6% for a condominium to sell out.

The Condominium Rental market saw a doubling of leased condos, a 104.4% increase.

While the Condo leases were high the average rental value of 1 bedroom apartment decreased by 9.4%.

There were a lesser number of apartments brought in the market, a 12.8% decrease.  

 

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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