Max Christopher Alexander News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Anita BalakrishnanThe Canadian Press A record number of Toronto homes priced over $3 million sold last year, Re/Max said in a report this week, even as amid the economic downturn during the Covid-19 pandemic. Real estate agents sold 1,062 Toronto homes over $3 million in 2020, up 55.7% from the 682 sold in 2019, the report said. Although the “uber-luxe” homes highlighted in the Re/Max report are a small fraction of the overall home sales market, Re/Max’s Christopher Alexander said the luxury home market reflects broader trends emerging from the pandemic. Toronto average home pri...

Although the "uber-luxe" homes highlighted in the Re/Max report are a small fraction of the overall home sales market, Re/Max’s Christopher Alexander said the luxury home market reflects broader trends emerging from the pandemic. Toronto average home prices hit a new high of $929,699 in 2020, the Toronto Real Estate Board said on Wednesday, as the number of homes sold rose to 95,151, up from 87,751 in 2019. "(Pre-pandemic), you didn't really notice the shortcomings of your existing living arrangements because you were out of the home so much," said Alexander, the chief strategy officer fo...