REAL ESTATE MARKET Attn: Sophia Song 15004 Yonge Street | Aurora, ON L4G 1M6 CA
REPORT
JULY 2020
SOPHIA SONG
Sales Representative CLHMS Million Dollar Guild, ABR
416.356.9215
Sophia@SongTeam.ca
NICK XU
Broker, P Eng. LUXE Luxury Listing Specialist
647.502.9215
Nick@SongTeam.ca
What are Buyer’s Expectations in a New Home? Buyers reported that the following aspects held more importance to them in light of the virus:
43.5%
45.7%
PRESTIGIOUS HOMES OF
AURORA N O RT H E A S T
W E C E L E B R AT E A N D S E RV E A L L O F AU R O R A’ S D I V E R S I T Y
[ Extra Bedrooms ]
[ Open Floor Plan ]
W E S P E A K E N G L I S H A N D M A N DA R I N
PREPARED ESPECIALLY FOR
45.7%
50.0%
[ Good Lighting ]
[ Kitchen Style ]
No one is denying that the spread of COVID-19 has had a profound impact on buyer confidence in the real estate market. However, a new study shows that many buyers still want to buy, with 30% reportedly looking at available listings more often than before their search was impacted. 20% of buyers reported expediting their home-buying timeline, citing low interest rates as their motivation. Buyers are putting new emphasis on searching for better common spaces. Jonathan and Angela-Marie, Though buyers are being cautious, the drive to own a home is still alive and well. Now more than ever, you need an experienced Aurora real estate agent who can help guide you through a successful transaction. Call us today at 416.356.9215 (Sophia) or 647.502.9215 (Nick) to discuss your options.
Jonathan and Angela-Marie Williams
www.AuroraNorthEast.com
PRESENTED BY
SOPHIA SONG
AND
NICK XU