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TORONTO REAL ESTATE MARKET – APRIL 2021 REPORT

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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I’VE MOVED!

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!

CMHC EATS CROW…OR DO THEY?

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’s ANNUAL “MARKET YEAR IN REVIEW AND OUTLOOK REPORT” IS NOW AVAILABLE FOR 2021 – HERE!

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 SETS NEW RECORDS IN TORONTO REAL ESTATE

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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AWESOME LIVING IN THE HEART OF KING STREET WEST

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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SEARCH HERE FOR ALL YOUR MLS LISTINGS FOR SALE OR FOR LEASE!

Free Toronto MLS Searches for sale and for lease! Continue reading SEARCH HERE FOR ALL YOUR MLS LISTINGS FOR SALE OR FOR LEASE!

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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.” Continue reading SETTING RECORDS

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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” Continue reading TORONTO REAL ESTATE BOARD’S DECEMBER 2019 & YEAR END STATISTICS

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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. Continue reading WISHING YOU PEACE, LOVE, AND JOY THIS HANUKKAH SEASON!

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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. Continue reading THE RETURN

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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. Continue reading TREB RELEASES SEPTEMBER 2019 SALES DATA

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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.” Continue reading TORONTO AUGUST 2019 SALES ARE UP!

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

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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 = MADRINA BAR Y TAPAS         TIME OUT: … Continue reading TORONTO’S BEST NEW RESTAURANTS FOR 2019

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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. Continue reading SHAWN VENASSE “IN THE NEWS”

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

TORONTO REAL ESTATE NEWS IN REVIEW: The Week Ending 7th October 2018

Continue reading TORONTO REAL ESTATE NEWS IN REVIEW: The Week Ending 7th October 2018

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

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 HOME BUYING MADE EASY on Biteable.   Continue reading HOME BUYING MADE EASY!

TORONTO REAL ESTATE NEWS FOR TUESDAY 19th JUNE 2018

A slow day in Toronto real estate on the cusp of Summer 2018! Continue reading TORONTO REAL ESTATE NEWS FOR TUESDAY 19th JUNE 2018

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. Continue reading THE TORONTO REAL ESTATE BOARD’S MAY 2018 REAL ESTATE SALES STATISTICS

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 homeownership more accessible to first-time homebuyers. Genworth Canada differentiates itself … Continue reading GENWORTH CANADA: “Making Homeownership Easier”

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. Continue reading SHOULD I BUY A CONDO OR A HOUSE?

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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 Continue reading COMMUNITY UP IN ARMS OVER PROPOSED DEVELOPMENT AT BLOOR AND DUFFERIN

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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 into their respective crystal balls, Ouija boards, tarot cards or … Continue reading YOUR ULTIMATE GUIDE TO 2018 TORONTO REAL ESTATE PREDICTIONS!

2021 Federal Election Shines A Light On Canada’s Housing Affordability Crisis

The Ontario Real Estate Association (OREA) has some research to share on the various parties in the upcoming federal election’s positions on real estate! Worth a read before you vote. https://lnkd.in/g58c3-kX #toronto #realestate #torontorealestate #federalelection #housing #affordability #liberalparty #conservativeparty #ndpparty #greenparty #orea #housingreport Continue reading 2021 Federal Election Shines A Light On Canada’s Housing Affordability Crisis

TORONTO CONDO MARKET NEWS

…it would seem that Toronto’s real estate market and especially its condominium segment have a positive outlook for the short-term, at the very least, if not for the foreseeable future, with some gyrations along the way, undoubtedly. Continue reading TORONTO CONDO MARKET NEWS

33 ELMHURST AVENUE – #2204

The Atrium The Atrium,’ is an upscale building at Yonge and Sheppard with two bedrooms + solarium and two renovated bathrooms. This apartment also features an open living room and dining room, which are perfect for entertaining, along with breathtaking, unobstructed Southwest views of the city. Updated family-sized eat-in kitchen, one underground parking space and ample ensuite storage round out this exemplary suite. Stellar amenities … Continue reading 33 ELMHURST AVENUE – #2204