Toronto Earns REMI’s Luxury Market of the Week

July 6, 2013

The Real Estate Marketing Insider announces Toronto as the recipient of its Luxury Market of the Week award, following a July 4 press release in Marketwire entitled “Toronto's Luxury Housing Market Reflects Balance in First Half of 2013, Reports Sotheby's International Realty Canada.”

San Diego, CA (PRWEB) July 05, 2013

The Real Estate Marketing Insider announced the winner of its Luxury Market of the Week award, a weekly title awarded to a market with potential for realtors who specialize in luxury properties. The award for the week was given to Toronto, ON, and its $1 million-plus housing and condo market.

Toronto’s luxury market was featured in a July 4 press release in Marketwire by Sotheby’s International Realty Canada. The luxury market in the Canadian metropolis reported growth across all segments, including single family properties and condos. Toronto’s luxury offerings range from downtown high-rise properties to homes similar to San Diego vacation rentals. The city’s luxury market has enjoyed increasing interest from buyers across the board after April of this year. The sales increase in the first six months of 2013 was substantial, numbering a full 59 percent above the latter half of 2012. CEO of Sotheby’s International Realty Canada, one of Canada’s largest real estate sales and marketing firms attributes this growth to the economic struggle of many international markets as well as Toronto’s reputation for a high quality of life and solid economic foundation.

The Real Estate Marketing Insider congratulates Toronto’s luxury market on its success. The Insider reminds real estate professionals that long term buyers, especially luxury investors and residents, choose markets based not only on property considerations, but also on the livability of markets. Toronto offers world-class entertainment, business, and cultural options, combined with excellent public school and higher education offerings. Its options for outdoor recreation, sporting events, and nightlife are formidable. Thanks to the economic stability of the region and its reputation with foreign buyers, Toronto is a sound option for investors. These factors combine to make Toronto an extremely attractive option for real estate agents, who can easily attract big-money buyers to the area. REMI is proud to offer Toronto its Luxury Market of the Week award.

The Real Estate Marketing Insider offered Toronto, ON, its Luxury Market of the Week award. The award was given in recognition of Toronto’s sales growth across luxury housing listings in the first half of 2013.

About the Real Estate Marketing Insider:

The Real Estate Marketing Insider is an online journal that covers all aspects of the real estate industry. Find out more about REMI at http://www.realestatemarketinginsider.com.

For the original version on PRWeb visit: http://www.prweb.com/releases/2013/7/prweb10903825.htm

Source: prweb

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