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SETTING RECORDS

“…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.”

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TORONTO REAL ESTATE BOARD'S DECEMBER 2019 & YEAR END STATISTICS

“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”

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WISHING YOU PEACE, LOVE, AND JOY THIS HANUKKAH SEASON!

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.

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THE RETURN

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.

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TREB RELEASES SEPTEMBER 2019 SALES DATA

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.

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TORONTO AUGUST 2019 SALES ARE UP!

“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.”

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TORONTO REAL ESTATE BOARD’s CONDO REPORT for 2nd Quarter 2019

“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.

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TORONTO’S BEST NEW RESTAURANTS FOR 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 = […]

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SHAWN VENASSE “IN THE NEWS”

The action
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.

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TORONTO: Winter Storm 2019

TORONTO: Winter Storm 2019 – A photo-musical memento to Toronto’s epic winter storm of 2019.

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CMHC’s 2018 MORTGAGE CONSUMER SURVEY: The largest and most comprehensive survey of its kind in Canada

“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.”

Read More CMHC’s 2018 MORTGAGE CONSUMER SURVEY: The largest and most comprehensive survey of its kind in Canada
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TORONTO REAL ESTATE NEWS IN REVIEW: The Week Ending 7th October 2018

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WHAT’S YOUR OPINION ABOUT PREMIERE DOUG FORD’S BILL FIVE – THE BETTER LOCAL GOVERNMENT ACT!

https://forms.office.com/Pages/ResponsePage.aspx?id=-tp8Qc–ZUS6c0GpayNFVIoSPewKRfZDjJgbTgmPs15UQVNRUzBPRk40TVlPRjVDSUxJUFI4MDFYSy4u&embed=true

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HOME BUYING MADE EASY!

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 […]

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TORONTO REAL ESTATE NEWS FOR TUESDAY 19th JUNE 2018

A slow day in Toronto real estate on the cusp of Summer 2018!

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THE TORONTO REAL ESTATE BOARD’S MAY 2018 REAL ESTATE SALES STATISTICS

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.

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GENWORTH CANADA: “Making Homeownership Easier”

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 […]

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SHOULD I BUY A CONDO OR A HOUSE?

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.

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COMMUNITY UP IN ARMS OVER PROPOSED DEVELOPMENT AT BLOOR AND DUFFERIN

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

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YOUR ULTIMATE GUIDE TO 2018 TORONTO REAL ESTATE PREDICTIONS!

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 […]

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WHICH IS THE BETTER INVESTMENT: REAL ESTATE OR STOCKS?

vs.   Take the POLL and let us know: REAL ESTATE POLL

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TORONTO REAL ESTATE SALES

JUNE 2019 GTA REALTORS® Release June 2019 Stats The new President of the Toronto Real Estate Board, Michael Collins, announced that Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase compared to June 2018. Over the same time period, total new listings remained at […]

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CLOSING COSTS WHEN BUYING A HOUSE IN ONTARIO

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