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: […]

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 […]

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 […]

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.

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.

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.”

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”

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.

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.

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.”

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.

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.

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.”

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.

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 […]

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 […]

TORONTO REAL ESTATE BREAKS ANOTHER RECORD FOR ALL-TIME HIGHEST SALES IN SEPTEMBER!

  11,083 – that’s the number of real estate sales were achieved for September 2020 – a new record for the month of September. The numbers are up by 42.3% vs. September 2019. And, even more amazingly, sales through the first nine months of 2020 […]