2023 Luxury Outlook Report

The 2023 Luxury Outlook Report has been released. It seems that luxury buyers are not affected by interest rate fluctuations. In fact, prices remained steady throughout 2022 whereas in the lower price sectors, prices softened.

Many believe this is due to the intergenerational transfer of wealth from baby boomers to their adult children. An explosion of global wealth is being funnelled into real estate. In addition, there’s been a lifestyle shift due to the pandemic which is here to stay. People are spending more time in their homes than ever before rather than selling. This has caused a shortage of inventory seen across most price points, not only in the higher end.

Features particularly attractive to these buyers are salt water pools, cork spray wall treatments, sophisticated water purification systems, cold plunge pools, massage rooms, and carefully maintained gardens with a focus on sustainability and consumable plants. Of course electric car stations are a must.

https://sothebysrealty.ca/insightblog/en/2023/01/05/2023-luxury-outlook-report/

Victoria, Canada – Courtesy of Sotheby’s International Realty Canada Victoria Luxury Group

Kimmé Myles

Matching her knowledge of Toronto’s eclectic mix of central core neighbourhoods and impassioned by her diverse mix of buyers and sellers, Kimmé is naturally motivated to create a positive and professional experience. Kimmé does her homework and knows her inventory. She is genuine, honest and a straight shooter. Nor is she afraid to think “outside the box” as she employs creative strategies to make dreams become reality.

Born and raised in Toronto and coming from a successful fashion background in design and management, Kimmé could not have met a better match for her entrepreneurial skills than by working in Real Estate. Inspired by her father, well known Toronto clothier to the stars, “Lou Myles”, she learned from a very young age to work hard and strive for excellence.

Licensed since 2005 as a full time Sales Representative and a Broker since 2016, she continues to be proud to be affiliated with the Toronto office of Sotheby’s International Realty Canada and to be part of the highly respected world renowned global luxury brokerage, Sotheby’s International Realty.

Kimmé has received numerous sales awards throughout her career including the prestigious Gairdner, Diamond and President’s Awards. She has completed extensive negotiation training and is among a select group of realtors in Canada to hold the Master Certified Negotiation Expert (MCNE) Designation and the Certified Negotiation Expert (CNE) Designation. In addition, she is a member of the prestigious U.S. based Institute of Luxury Home Marketing and also carries the Luxe – Luxury Listing Specialist Designation. She holds the SRS Designation – Seller Representation Specialist and the SRES Designation –Senior Real Estate Specialist – both accredited programs through NAR – The National Association of Realtors, USA.

Entrusted with the life choices of her clients, Kimmé is truly honoured to have the opportunity to serve and assist others and does so with integrity, commitment and enthusiasm.

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