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Sutton Group Old Mill Realty Inc. Brokerage | Independently Owned + Operated. | 4237 Dundas St West |
Etobicoke ON | M8X 1Y3

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2022 YEAR IN REVIEW + LOOKING FORWARD 2023

2/9/2023

 
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What began as an extension of 2021’s high-flying real estate buying and selling frenzy soon enough tumbled and fell to a near standstill with the Bank of Canada’s hiking interest rates.  As rates rose, resale home sales fell and property sat on the sidelines far longer than expected, bucking the norm that Toronto’s Sellers had become accustomed to - transitioning Toronto from a strong ‘Sellers Market’ into a ‘Buyers Market’.  Paradoxically 2022, much like 2021, remained another challenging year for home and condo Buyers due to supply and affordability, however the forces at play were quite different.   We’ve taken a retrospective look at the year 2022 and identified the following three insights.   ​
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    LOIC DANIS

    Loic Danis is a Toronto Real Estate Broker and Broker of Record/Owner of Sutton Group Old Mill Realty Inc. specializing in residential and investment real estate in Downtown Toronto, Etobicoke + West Toronto neighbourhoods including The Kingsway, Babypoint, Sunnylea, Swansea, Roncesvalles, High Park, Swansea, New Toronto, Mimico, Waterfront Communities, Yorkville, St. Lawrence Market, Bay Street Corridor and more! 

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CONTACT



LOIC DANIS
Broker of Record

Direct | 416-671-0300
Office  | 416-234-2424

Sutton Group Old Mill Realty Inc.
Independently Owned + Operated

CONTACT LOIC

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THE KINGSWAY
SUNNYLEA
MIMICO + NEW TORONTO
LONG BRANCH + ALDERWOOD
BLOOR WEST VILLAGE + BABYPOINT
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RONCESVALLES
THE JUNCTION

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