As you can see, the downward trend in the number of sales for the City of Toronto has continued its march through the marketplace with an astounding phenomenon occurring. Sales have dropped dramatically (both month-over-month and year-over-year) while prices mostly continued to climb at least as compared to last year. Continue reading TORONTO REAL ESTATE MARKET UPDATE – MAY 2022
The continuation of tight market conditions resulted in a 33.3 per cent annual increase in the MLS® Home Price Index Composite benchmark. Similarly, the average selling price was up by 28.6 per cent year-over-year to $1,242,793. Continue reading TORONTO JANUARY SALES STATS
Demand for residential real estate in the GTA remained at or near record levels through the second half of 2021. Continue reading TRREB’s 2022 MARKET OUTLOOK REPORT
2021 was a fairly tumultuous year in all ways possible and real estate was no exception. Hot on the tail of the volatile 2020 and the first year of the Covid-19 pandemic, there were many different opinions on just how 2021 would deliver. And although the second half of 2020 ushered in record-breaking month after record-breaking month, many in the real estate community thought this … Continue reading TORONTO REAL ESTATE IN 2021
A playful and dynamic exploration of this great city re-emerging from this last year and a half of pandemic. Continue reading T-O-R-O-N-T-O: Your & My Home
It was another strong month for Greater Toronto Area real estate with prices still climbing. Home prices in Greater Toronto are rising incredibly fast, but in this environment, it isn’t even close to the top gainer. The benchmark home in the region increased to $1,025,200 in April, up 1.75% ($17,600) from the month before. Compared to a year before, prices are 17.83% ($155,100) higher. Even … Continue reading TORONTO REAL ESTATE MARKET – APRIL 2021 REPORT
Effective Monday 26th April 2021, my new address of employ will be as follows: SHAWN VENASSE – Sales RepresentativeThe Elli Davis TeamSotheby’s International Realty Canada1867 Yonge Street – Suite #100TORONTO, Ontario M4S 1Y5 Phone 416.960.9995 Toll Free 1.877.960.9995 Fax 416.960.3222 Email: firstname.lastname@example.orgWebsite: http://www.shawnvenasse.com or http://www.ellidavis.comBlog: https://mytoronto-by-shawnvenasse.blogspot.com/ Continue reading I’VE MOVED!
Considering that an institution empowered and supported at arm’s length by the Government of Canada and tasked with the job of research, education, information dissemination, fiscal stimulus, and distribution of mortgage insurance vehicles to the housing industry (among other things) could get everything about the impact of Covid-19’s impact on the Canadian real estate market (and the economy at large), so completely wrong is a … Continue reading CMHC EATS CROW…OR DO THEY?
TRREB Forecasts Strong Demand for Real Estate in 2021 Highly Anticipated Outlook Report and New Digital Digest Unveiled The outlook for the GTA real estate market is healthy with strong buying intentions. Furthermore, it is anticipated that 2021 will enjoy a near-record sales forecast of more than 100,000, and a record average selling price over $1 million. The Toronto Regional Real Estate Board (TRREB) has … Continue reading TRREB’s ANNUAL “MARKET YEAR IN REVIEW AND OUTLOOK REPORT” IS NOW AVAILABLE FOR 2021 – HERE!
January 2021 home sales amounted to 6,928 – up by more than 50 per cent compared to January 2020. This strong start to 2021 included sales growth across all major segments including condominium apartments, both in the City of Toronto and surrounding GTA regions. Continue reading JANUARY 2021 SETS NEW RECORDS IN TORONTO REAL ESTATE
This one bedroom condo with den features approx. 670 sq.ft. of delightful interior space including high ceilings, floor-to-ceiling windows, open concept galley-style kitchen with stainless steel appliances, double mirrored closets in bedroom and a walkout to a large balcony with unobstructed views west and south to the lake. Continue reading AWESOME LIVING IN THE HEART OF KING STREET WEST
Free Toronto MLS Searches for sale and for lease! Continue reading SEARCH HERE FOR ALL YOUR MLS LISTINGS FOR SALE OR FOR LEASE!
An Invaluable Compendium of Great Articles, How-To’s, Guides, FAQ’s, Infographics and More All About Safely Moving Your Home During the Covid-19 Pandemic and Beyond Continue reading MOVING DURING THE CORONAVIRUS PANDEMIC
“…Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by 15.4 per cent compared to January 2019. On a preliminary seasonally adjusted basis, sales were up by 4.8 per cent compared to December 2019.” Continue reading SETTING RECORDS
“We certainly saw a recovery in sales activity in 2019, particularly in the second half of the year. As anticipated, many home buyers who were initially on the sidelines moved back into the market place starting in the spring. Buyer confidence was buoyed by a strong regional economy and declining contract mortgage rates over the course of the year” Continue reading TORONTO REAL ESTATE BOARD’S DECEMBER 2019 & YEAR END STATISTICS
Known as the Festival of Lights, Hanukkah celebrates the re-dedication of the Second Temple in Jerusalem during the second century B.C. The event occurred when Jews rose up against Greek-Syrian rulers in the Maccabean Revolt and drove them out of Jerusalem, according to the History Channel.
To mark their victory, Jews wanted to reclaim the temple and light its menorah, but only found enough pure olive oil for one day, according to Chabad.org. That one-day supply lasted eight and is considered a miracle in Jewish faith.
Every year, Hanukkah begins on 25th day of Kislev, a month in the Hebrew calendar. It lasts eight nights (yes, because of the oil) and this year it’s from Dec. 22-30. Continue reading WISHING YOU PEACE, LOVE, AND JOY THIS HANUKKAH SEASON!
According to recent market data, it seems that the domination enjoyed by condos has started to ease and detached homes have once again begun to rally not in terms of sales, but also in terms of rising prices. Continue reading THE RETURN
Greater Toronto Area REALTORS® reported 7,825 sales through TREB’s MLS® System in September 2019. This result represented strong year-over-year sales growth of 22 per cent compared to 6,414 sales reported in September 2018. Continue reading TREB RELEASES SEPTEMBER 2019 SALES DATA
“Toronto Area REALTORS® reported 7,711 residential sales through TREB’s MLS® System in August 2019. This result represented a 13.4 per cent increase compared to 6,797 sales reported in August 2018.” Continue reading TORONTO AUGUST 2019 SALES ARE UP!
“The condominium apartment rental market also remained quite tight in the second quarter, with average rents for one-bedroom and two-bedroom apartments increasing above the rate of inflation on a year-over-year basis. However, we have seen an acceleration in the number of units listed for rent, which has provided renters with more choice in the market place and has coincided with a slower pace of average rent growth over the past year,” said Jason Mercer, TREB’s Chief Market Analyst. Continue reading TORONTO REAL ESTATE BOARD’s CONDO REPORT for 2nd Quarter 2019
Here are just a few of the publishers who’ve put out 2019 Best Restaurant lists for Toronto restaurants along with their list and their #1 pick. TORONTO LIFE: the list #1 = Kōjin NOW TORONTO: the list #1 = DONNA’s NARCITY: the list #1 = MADRINA BAR Y TAPAS TIME OUT: … Continue reading TORONTO’S BEST NEW RESTAURANTS FOR 2019
Just north of Sorauren Avenue Park, this two-bedroom unit at Robert Watson Lofts had about one showing for every day it was on the market in November.
“There were a few other [units in the building] on the market at the same time, but this one had good activity and sold quite quickly,” agent Elli Davis said. Continue reading SHAWN VENASSE “IN THE NEWS”
TORONTO: Winter Storm 2019 – A photo-musical memento to Toronto’s epic winter storm of 2019. Continue reading TORONTO: Winter Storm 2019
“Shopping for a mortgage can be overwhelming so the more information you have, the better your experience. We’ve expanded our survey to give us greater detail on what Canadians want when looking for a mortgage and how they go about the process.We also now have more insight into important groups like millennials and first time buyers. Ultimately, our hope is to help Canadians get the most out of the mortgage shopping experience.” Continue reading CMHC’s 2018 MORTGAGE CONSUMER SURVEY: The largest and most comprehensive survey of its kind in Canada
I hope you enjoy my new video made with Biteable! It was so much fun to make. And it will be so much fun to help you find your next home! So, watch the video and feel free to call, text or email me about your real estate needs! – Shawn Venasse (Sales Rep) https://biteable.com/watch/embed/home-buying-made-easy-1944161 HOME BUYING MADE EASY on Biteable. Continue reading HOME BUYING MADE EASY!
A slow day in Toronto real estate on the cusp of Summer 2018! Continue reading TORONTO REAL ESTATE NEWS FOR TUESDAY 19th JUNE 2018
Greater Toronto Area REALTORS® reported 7,834 sales through TREB’s MLS® System in May 2018. This result was down by 22.2 per cent compared to May 2017. While the number of sales was down year-over-year, the annual rate of decline was less than reported in February, March and April, when sales were down by more than 30 per cent. On a month-over-month basis, seasonally adjusted May sales were basically flat compared to April. Continue reading THE TORONTO REAL ESTATE BOARD’S MAY 2018 REAL ESTATE SALES STATISTICS
GENWORTH CANADA is… We Are Canada’s Largest Private Mortgage Insurer With A History Dating Back To 1995. Genworth MI Canada Inc. (TSX: MIC) through its subsidiary, Genworth Financial Mortgage Insurance Company Canada (Genworth Canada), is the largest private residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. Genworth Canada differentiates itself … Continue reading GENWORTH CANADA: “Making Homeownership Easier”
A common dilemma faced by buyers – should I buy a condo or house? There is no one-size-fits-all answer. There are many factors to consider based on your finances and lifestyle preferences. Here are a few things to keep in mind when making your decision. Continue reading SHOULD I BUY A CONDO OR A HOUSE?
A canyon of towers with retail flagship stores at the bottom is not my idea of something that benefits the community.”
– Erella Ganon, Friends of Dufferin Park Continue reading COMMUNITY UP IN ARMS OVER PROPOSED DEVELOPMENT AT BLOOR AND DUFFERIN
EVERYTHING YOU WANTED TO KNOW ABOUT THE TORONTO REAL ESTATE MARKET IN 2018, BUT WERE TOO AFRAID TO ASK! THE LINE-UP IS OUT THE DOOR WITH PREDICTIONS AND FORECASTS FOR TORONTO’S 2018 REAL ESTATE MARKET! It seems that every bank, newspaper, backwater economist and realtor has an opinion about the future! They’ve all been staring deeply into their respective crystal balls, Ouija boards, tarot cards or … Continue reading YOUR ULTIMATE GUIDE TO 2018 TORONTO REAL ESTATE PREDICTIONS!
vs. Take the POLL and let us know: REAL ESTATE POLL Continue reading WHICH IS THE BETTER INVESTMENT: REAL ESTATE OR STOCKS?
Buyers are becoming discouraged there are not enough homes on the market, especially, in certain price ranges. When they do find something they want, there may be multiple offers and they end up losing to another buyer. Some buyers after experiencing several of these instances have decided to wait until the market changes. It is understandable but it may be a very long wait as … Continue reading Difficult to Buy What Is Not For Sale
"I’d wish I’d known that before I picked a mover." Having a checklist of questions might have prevented this issue. This list of questions will provide you with things to discuss when interviewing a moving company. Fees What is the charge for packing? Does it include boxes? If not, what do they cost and will you deliver them? Is there an additional charge to deliver … Continue reading Questions to Ask a Mover
A common concern for homeowners is that if they sell their home first, they may not be able to find another home to buy. It is understandable with the low inventories currently available in most markets, but a strong argument can be made to buy your replacement home first. In fact, there are some advisors that would tell you not to sell at all. Instead, … Continue reading Buy Before You Sell
CAROLYN IRELAND In Toronto real estate, buyers gain the upper hand TORONTO PUBLISHED YESTERDAY The reality of a swift and dramatic change in the Toronto-area real estate market is sinking in for sellers and buyers. “It’s crazy how different it has become in only a matter of months,” says Pritesh Parekh, a real estate agent with Century 21 Legacy in Toronto. “The February peak is a … Continue reading TORONTO IN BUYERS’ MARKET ACCORDING TO GLOBE & MAIL
The primary negotiation in a home purchase takes place when the contract is agreed upon that includes the price, closing and possession. With inventory down over 19% in the past year and multiple offers being more of the norm than the exception, the first round of negotiations can be challenging. Buyers and sellers alike feel relieved once it has resulted in an agreement, but experienced … Continue reading When are the Negotiations Over?
SHAWN Wishing a special day to all fathers and those who love, mentor, and make us feel safe. Shawn Venasse Sales Representative Sotheby’s International Realty Canada 1867 Yonge Street, Suite 100, Toronto ON M4S 1Y5 c 647.250.9937 | t 416.960.9995 | f 416.960.3222 email@example.com sothebysrealty.ca Visit My Website This transmission contains information that may be confidential and that may also be proprietary; unless you are … Continue reading Happy Father’s Day
In inflationary times, currently the highest in 40 years, the purchasing power of your money diminishes each day; essentially, buying you less. The biggest threat is to be without capital assets, like a home, that are benefiting from the increase in prices. Your money buys less gasoline now, than it did a year ago, by close to 50%. Beef prices are up about 20% since … Continue reading Become a Victim of Inflation or Benefit from It
Rising interest rates compounded with increasing home prices are causing affordability issues for many buyers. To keep payments low, you won’t have to give an arm, but more buyers are considering getting an ARM, adjustable-rate mortgages. Mortgage rates are near its highest point since 2009. "While housing affordability and inflationary pressures pose challenges for potential buyers, house price growth will continue but is expected to … Continue reading You don’t have to give an arm to get a lower rate
With multiple offers the norm on many listings these days, the seller relies on their listing agent to help them determine which one to accept. In some cases, offers subject to FHA or VA mortgages tend to move to the bottom of the list. Some sellers consider all cash offers first and then, conventional offers with at least 20% down payments as the next most … Continue reading Helping the Seller See Your FHA/VA Offer More Favorably