DCT Newsletter December 2022

DCT Newsletter December 2022

  • Doorey Chu Team
  • January 16, 2023

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DCT Newsletter and Happy Holiday Wishes
Snow-covered apples hanging from dark tree branches.
As the year closes, we want to thank all our clients and friends who have worked with us through this transitioning market.
 
It’s been a rollercoaster year that began with offer madness, slowed by interest hikes, tax legislation and a buyer-seller market standstill. It’s a lot to move through especially when it affects the place we love the most…our home. Our homes are our shelter to create and keep lifetime memories. There is no better time to enjoy creating memories than the holiday season.
 
For entertainment, we've included Christina Tosi's cookie recipes and a mansion for sale outside Manhattan...with a Partridge in a pear tree.
 
Toronto November market statistics show sales volume down year-over-year 40-50% yet sales have remained steady since July. Current market news is not one story fits all. If now is the right time for you to move please reach out to us for your neighbourhood specific information.
 
Thank you donors that contributed to Covenant House helping our team of six to raise $62,000. And for the 50 gently-used winter coats Susan Toyne (Toyne Team) and Lisa Marie delivered this week.
 
Whether you are celebrating Hanukkah, Christmas or Kwanza, we wish you love under your roof and a happy, healthy New Year.
 
Our warmest wishes,
Linda, Lisa Marie, Lori and Cherry
Winter Warmth for Homeless Youth
Two women hold donated winter coats beside a Covenant House Sleep Out Toronto display.
About 6,000 young people are experiencing homelessness in our country on any given night. Covenant House is accepting donations until December 31. Susan and Lisa Marie we will do a second coat drop in January 2023.
TRREB chart comparing monthly MLS sales from 2019 to 2022.
Detached home sales and average price infographic: 542 sales, down 40.6%; average price $1,560,548, down 13.8%.
Semi-detached home market infographic: 169 sales and an average price of $1,187,016 in November 2022.
Townhome market infographic: 178 sales, down 53.3%; average price $995,074, up 1.4%.
Condo-apartment sales: 899, down 54.5% year over year; average price $734,797, down 1.5%.
Featured Listings
TRREB chart comparing monthly MLS sales from 2019 to 2022.
Walk to Yonge & St.Clair, Summerhill, Bloor
Large 2 Bedroom with Bright Eat-in Kitchen
on Balmoral Avenue
Toronto condo living room with a Christmas tree and CN Tower view through large windows.
Stellar City View from King West Condo
for Lease.
REAL ESCAPISM
Chateau Outside Manhattan
with a Partridge in a Pear Tree
Stone house with twin red-tiled towers amid autumn trees.
We are joking about the pear tree but check out the photo of the Christmas tree and the Partridge Family...for those who remember Shirley Jones, Jack and heartthrob David Cassidy. Only $1,640,000 American!
 
If you are looking for a second home, or investment opportunity, outside of Canada we can introduce you to our Global Real Estate Advisors worldwide.
CHRISTINA TOSI COOKIE RECIPES
Home for the Holidays: Recipes from
Milk Bar’s Christina Tosi
Traditional white kitchen with copper pans, blue-and-white dishes, and a butcher-block island with pink flowers.
Stay home for the holidays and spend some time baking these scrumptious Chocolate Peppermint and Sugar Cookies
Six women pose at a dinner table; four in front wear evening attire.
Happy Holidays from Cherry, Linda, Lori and Lisa Marie
Whether we are marketing a $500,000 or a $5,000,000 home,
the Doorey Chu Team will provide you with the largest scope of Sothebys' International Realty marketing reach plus a professional report with your property results.
Language and Currency preferences are yours to choose
on our Sothebys' International Listings Link
Global real estate infographic showing $204 billion in sales, 79 countries, and 1,000 offices.
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1867 Yonge Street, Suite 100, Toronto, Ontario, M4S 1Y5
*Broker **Sales Representative
© 2022 Sotheby’s International Realty Canada, Brokerage. Independently Owned & Operated. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. E&O.E: This information is from sources which is deemed reliable, but must be verified by prospective purchasers and may be subject to change or withdrawal. Not intended to solicit properties already under agreement.
 
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