WEEKLY REAL ESTATE NEWS ROUND-UP – WEEK ENDING 11TH AUGUST 2018
By SHAWN VENASSE – Sales Representative
“I KNOW TORONTO”
Notwithstanding that its the middle of August and the dog days of Summer have just come & gone, it’s still been a full week for real estate and real estate news.
From Infographics comparing the real estate taxes of each province to calls from City Hall to the Premiere of Ontario to “pause” on his plan to rip City Hall up and recast it in his own image.
Conflicting stories continue to dot the media landscape with some sources saying Toronto is still on the verge of it’s bubble bursting while others are convinced that is no bubble and never has been. In fact, new data seems to be indicated that, if anything, prices will continue to soar — especially those downtown where the new norm has become over $1,000/square foot! Crazy!
All in all, it’s been a quiet month for real estate, but then again it’s August…so no surprises there!
Thank you and enjoy,
SHAWN VENASSE – Sales Representative The Elli Davis Team – Royal LePage RE Svcs Ltd, Brokerage 55 St Clair Avenue West, Toronto, ON M4V 2Y7
The provincial government tabled legislation last month that would see the number of city council seats reduced by nearly half in the October municipal election.
More than 70 millimetres of rainfall was measured at Billy Bishop Airport in two hours on Tuesday night. The storm flooded basements, waterlogged streets and stalled public transportation.
How does property tax differ across Canada? We compared the property tax rates of 25 major cities to see which municipalities pay the most and least taxes.
Toronto Real Estate – How long does it take for Millennials to save for a down payment?? Toronto Real Estate – As house prices in Toronto have increased dramatically over the past two decades, it has
The hoarding that surrounds the site of Toronto’s Mirvish Village development — on the site of the former Honest Ed’s discout store — has been painted with the stories of the community. Local artists
More than half of Ontario baby boomers consider big cities unaffordable for retirement, according to a new survey from Royal LePage. So they’re considering moving out, or downsizing.
Up-to-date real estate trends & stats for Toronto. Research sales history, average house & condo prices, current listing inventory, and total active listings.
Quiet comeback for detached housing bodes well for GTA housing market Price appreciation in the second quarter of 2018 showed a marked improvement over Q1 figures, with the average detached housing va
Average prices of more than 40 products and services in Toronto, CanadaAug 2018. Prices of restaurants, food, transportation, utilities and housing are included.
If you’re a millennial, you’ll likely find what you’re about to read interesting and also irritating. According the the Urban Institute, the millennial generation has the lowest rate of homeownership
Tweet Share 0 LinkedIn 0 While Vancouver area home sales are still posting year-over-year declines, signs are appearing in the Greater Toronto Area that the worst of the housing correction is now over
The city’s housing affordability crisis acts as a fundamental limit on our future progress. The talent needed to fuel our economy can no longer afford to comfortably live here.
TORONTO — A lack of homes for sale is expected to drive Toronto’s sizzling housing market to another year of double-digit price increases, the city’s real estate board said Tuesday. The Toronto Real E
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