DCT Newsletter February 2022

DCT Newsletter February 2022

  • Doorey Chu Team
  • 03/10/22

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February Hearts
FEBRUARY Market Details and Donations
Hello Friends,
This month celebrating Valentine’s love and Family Day play during frosty February were welcome distractions during a very challenging month.
January sales activity numbers declined with scarce inventory that pushed prices up 20 - 30% across all housing types compared to January 2021. (See Stats below) February brought strong offers from buyers and we expect the same for March as we prepare for the Spring market. Interest and tax rate hike talk, inflation, and potential tightening on investor requirements all threaten to quell the market yet lack of supply still dominates rising prices.
Throughout 2021 helping clients navigate the market propelled Sothebys’ International Realty to reach $204 billion in sales worldwide. We thank you for allowing us to make 2021 our best year yet securing our position once again as the #1 Brokerage in the world.
We want to end February on a charitable note. Nationally, Sothebys’ agents donated to local charity Jack.org created to empower young leaders to revolutionize mental health. We also support HART, in partnership with Women’s College Hospital, that assists victims of human trafficking. The Doorey Chu Team participates in these local charities.
Today we donated to the Red Cross. The Government of Canada is matching all donations to The Red Cross until March 18th to assist with the growing Ukrainian humanity crisis caused by war.
Wishing you all health, prosperity, and peace.
With love,
Lisa Marie, Linda, Lori and Cherry
Canada to match up to $10 million in donations from Canadians in response to humanitarian crisis in Ukraine
Sotheby's International Realty Canada is proud to support Jack.org, Canada's only charity training and empowering young leaders to revolutionize mental health in every province and territory. Through innovative programs and mental health resources, Jack.org enables young leaders to identify and dismantle barriers to positive mental health.
HART (Human Anti-trafficking Response Team) is a not-for-profit organization focused on raising awareness of sex trafficking in Canada; providing physical and mental health care to survivors; and providing research funding for the development of targeted healthcare responses.
1867 Yonge Street, Suite 100, Toronto, Ontario, M4S 1Y5
*Broker **Sales Representative
© 2021 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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