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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
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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
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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
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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
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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
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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
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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: shawn@ellidavis.comWebsite: 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!
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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
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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
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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
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“…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
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“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
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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!
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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
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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
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“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!
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“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
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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
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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. Continue reading SHAWN VENASSE “IN THE NEWS”
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TORONTO: Winter Storm 2019 – A photo-musical memento to Toronto’s epic winter storm of 2019. Continue reading TORONTO: Winter Storm 2019
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“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?
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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
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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?
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 following personality quiz, albeit intended solely for entertainment purposes, is fairly intuitive in helping you to determine just what kind of real estate is best suited to your personality. So, have a go at it and let me know what you think of the results? And, of course, if I can be of any help with your search for somewhere to live — buying, … Continue reading WHAT KIND OF HOME SHOULD YOU LIVE IN?
Toronto Real Estate Market Results for April 2022 The April 2022 Toronto and GTA real estate sales data is in and there is a big dip in all the numbers as compared to March 2022, but they are still way up year-over-year. Here below are the latest results courtesy of the Toronto Regional Real Estate Board: TORONTO: GREATER TORONTO AREA: Here is the full report … Continue reading IN LIKE A LAMB AND OUT LIKE A LION
Ontario Cracking Down on Foreign Real-Estate Speculation with the Most Comprehensive Non-Resident Speculation Tax in Canada! Continue reading FOREIGN INVESTORS IN ONTARIO REAL ESTATE SLAPPED WITH 20% TAX!
“New supply bounced way up in February (+23.7% month-over-month), which is similar to what we saw play out in 2020 and again in 2021,” — Shaun Cathcart, CREA’s Senior Economist – Director of Housing Data & Market Analysis National Statistics February home sales rise as buyers scoop up first of the 2022 spring listings Statistics released Monday 15th March 2022 by the Canadian Real Estate … Continue reading CANADIAN HOUSING MARKET REPORT FOR FEBRUARY 2022
CHECK OUT THESE LATEST ARTICLES: Is Toronto’s home price growth spree coming to an end soon? “Definitely as we move through the year, it’s possible we’ll see average prices below that January mark.” Jason Mercer – Chief Market Analyst – TRREB Canada housing market in a ‘speculative fever’ – regulator “In some markets, where you had really rapid increases in prices, you could see a … Continue reading ARE HOUSE PRICES ABOUT TO DROP?
