Sugar wharf condos phase 3. Housing prices in North York District 1 soared by 34%. Home prices in Fort Scarlett in Toronto rose by as much as 25% after the outbreak, and the Glenfield-Jane Heights community in North York led the city with 34% growth.
Properly, an online real estate platform, said that the epidemic has prompted many people living in the city center to seek larger living space and more affordable housing, leading to a sharp appreciation of properties in urban fringe areas. According to the comparison between the median housing prices in the six months before the epidemic and the current estimated median prices, the increases in the Scarborough and York districts are more than 20%, while those in the city centre, the central city and the upper urban area are all less than 10%. The increase in house prices in North York is at two extremes. The 34% increase in the Glenfield-Jane Heights community is the highest in the city, but the Bedford Park-Nortown community has only the lowest 3% growth in the city.
The platform pointed out that the statistics are based on the median number of pre-epidemic houses from September 2019 to February 2020, compared with the estimated market price of artificial intelligence (AI), and excluding transactions with a house price of more than 3.5 million yuan, or areas with fewer than 25 transactions.
The other is the open bidding process, which is the current method in Australia, in which buyers can decide whether to bid through public auction and the process is more transparent. Tim Hudak, president of the Ontario Real Estate Chamber of Commerce (OREA), said sellers can choose a public auction, but this is not common. This is personal information, such as the amount of money that can be purchased, and not every buyer is willing to disclose it. And he supports increased transparency, but do not force the use of any system, such as open bidding auction procedures, people should have the right to choose.
After five months, Miss Cai finally found a new home. She said that if she wants to buy another house, she will choose a more transparent method, which will reduce a lot of pressure.
