Sandeep  Sharma

Sandeep Sharma

Sales Representative

Century 21 Paramount Realty Inc., Brokerage*

Mobile:
905-783-1918
Office:
905-799-7000
Email Me
Sandeep  Sharma

Sandeep Sharma

Sales Representative

Century 21 Paramount Realty Inc., Brokerage*

Mobile:
905-783-1918
Office:
905-799-7000
Email Me

Toronto home prices surge 20% in August to new record high

Home prices in Canada's largest housing market set a new record for a third consecutive month in August as the rebound in home-buying activity continued after an initial lull at the onset of the COVID-19 pandemic.

The average selling price across the Great Toronto Area rose 20.1 per cent year-over-year last month to $951,404, according to data released Thursday by the Toronto Regional Real Estate Board (TRREB). That figure eclipses the previous record of $943,710, established in July

Gains were most substantial in the detached property market, with the average selling price up 19.9 per cent to almost $1.2 million.

Total home sales soared 40.3 per cent year-over-year as 10,775 properties traded hands. While that was a record for the month of August, it was down nearly 300 from July’s total.

Activity in the condo market lagged other home types last month, with sales up 10.9 per cent and prices advancing 9.5 per cent

“Increased demand for ownership housing has been based on improving economic conditions, in terms of monthly GDP growth and job creation, and the continuation of very low borrowing costs,” said TRREB president Lisa Patel in a release.

“In addition, fewer households have chosen to go on vacation as a result of COVID-19 and instead have remained in the GTA and been active in the housing market, satisfying pent-up demand from the spring.”

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I have been helping my clients for their real estate needs for over 14 years as residential and commercial sales associate.

I understand real estate is exciting, fast paced and self-directed. I have the motivation that made it easy to choose this as my career. I love working with people, building relationships and most importantly assisting clients with the largest financial decision of their life. I provide great advice, smart negotiating and excellent knowledge of the area.



Education: Graduated in Computer Programming And OREA Course

Specialty: Residential, Commercial and Investment

Experience: 13 Years

Awards: Platinum, Gold and Diamonds Awards

Area Covered: Toronto and Surrounding Areas

Languages Spoken: English, Hindi, Punjabi, Urdu



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