Michelle Kam Raises Awareness For Toronto's Unique Luxury Real Estate Market
Date
11/29/2024 12:09:14 AM
(MENAFN- IssueWire)
Toronto, Ontario Nov 28, 2024 (Issuewire )
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Michelle Kam, a leading Real estate broker and founder of Re/Max City Accord Realty Inc., is raising awareness about the distinct trends shaping Toronto's luxury real estate market. Amid reports predicting flat home prices in the general market, the luxury sector continues to operate on its own terms, presenting both opportunities and challenges.
A recent RE/MAX report revealed that while most Toronto home prices are expected to remain stable into 2025, sales of ultra-luxury properties, particularly homes priced over $20 million, are on the rise. This divergence underscores the unique dynamics of the luxury market, which caters to a small but highly selective group of buyers.
A Niche Market with Unique NeedsMENAFN29112024004226004003ID1108938026
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