DCT Newsletter February 2023

DCT Newsletter February 2023

  • Doorey Chu Team
  • 03/9/23
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February Real Estate Newsletter
Could we have a more heartbreaking month of love? February 2023 has been challenging on an epic scale with war, earthquakes, and freezing temperatures dominating the news. It brings home how fortunate we are to enjoy family, friends, and our future plans.
 
After almost a year of adjusting to interest rate hikes, buyers are back planning their future with less buying power but lower home prices...in most cases. Lack of inventory has brought us back to offer dates in some areas while other properties sit at pre-pandemic prices without an offer.
 
TRREB January 2023 GTA sales stats below highlight the dramatic market shift from the peak of 2022. It will be interesting to see how the next couple of months unfold once we move away from headline-grabbing stats and compare the quieter months of 2022 with 2023 sales.
 
Craving a little escapism? This month we've included a sunny Caribbean golf villa in Barbados and a Rock'n Roll mansion in Mississauga for our monthly real estate escapism.
 
And if you are able to end the month with a helping hand, we've included the link to the RED CROSS international fundraising page for worldwide crises.
 
Our warmest wishes on a snowy day!
Linda, Lisa Marie, Lori and Cherry
Toronto Regional Real Estate Board Stats
OUR SELLERS AND BUYERS READY TO MOVE!
1 Balmoral Avenue, Suite 704
2 Bedrooms. Walk to Yonge, St.Clair, Summerhill, Bloor, Yorkville, TTC. Offered at $1,149,000
2221 Yonge Street, Suite 2909
Bright 2 Bedroom with Wrap Around Terrace, City Sunsets, Floor to Ceiling Windows, TTC and upcoming LRT minutes from your doorstep.
Offered at $799,900
Sellers and agents, we are working with great people looking for new homes. Please contact us if you have a property that Meets our Buyers' needs.
REAL ESCAPISM
The Rolling Stones Once Called This
$8.9M Mississauga Mansion Home
Sunny Golfer's Paradise
Barbados Holiday Retreat with Rental Income
$650,000 Furnished by Sarah Richardson
(American Dollars)
For more information on buying in Barbados please allow us to introduce you to Muffin!
Our Barbados Connection
Meet Muffin ....
Rae 'Muffin' Stollmeyer, Manager of Sales, Rentals and Marketing at Barbados Sotheby's Realty, is a 15 year veteran specializing in luxury properties. Muffin’s extensive knowledge of Barbados’ residential market is unparalleled and her history of Barbados’ luxury properties is most adept having worked directly with some of the island’s most notable developments. Muffin is one of the top female golfers on the island and is keen to entertain any client for a round of golf!
Red Cross link to humanitarian aid worldwide. In February DCT helped Canadians raise $10,000,000 for Türkiye and Syria earthquake victims.
Sotheby's International Realty listings can be viewed in your language and currency preference. The Doorey Chu Team's vast network of relationships with Sotheby's agents can assist you to search for, or sell, properties worldwide.
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. Call us for your confidential complimentary home appraisal.
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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