MY TORONTO

THE TORONTO REAL ESTATE BOARD'S MARKET WATCH JULY 2019  

Insights on Canadian Society Homeownership, mortgage debt and types of mortgage among Canadian families by  Sharanjit Uppal Introduction In recent years, a great deal of research has focused on the levels of debt that families carry and the increase in debt. Note  Most of the increase in total debt is from mortgage debt, and the increase in mortgage debt can be attributed to two factors. The first is the rapid increase in housing prices. According to the monthly Home Price Index published by the Canadian Real Estate Association (CREA), housing prices rose by 109% (in nominal terms) from January 2005 to December 2016. Note   In comparison, during the same period, the Consumer Price Index (CPI) showed an overall price increase of 22%. Note   The second factor is mortgage interest rates, which have been at historically low levels for most of the last decade, making borrowing costs low and acting as an incentive for families to take on n...

HOMEOWNERSHIP, MORTGAGE DEBT AND TYPES OF MORTGAGE AMONG CANADIAN FAMILIES, 1999 - 2016 Released at 8:30 a.m. Eastern time in The Daily, Thursday, August 8, 2019 Despite a slight decline from 2012 to 2016, Canadian families are more likely to own a home than they were two decades ago. However, the proportion of those who have paid off their mortgage has declined from 46% in 1999 to 43% in 2016, meaning more Canadian homeowners have a mortgage. This latter trend is consistent across all age groups. While rising housing prices have increased the wealth of many Canadian homeowners, Canadians also saw their mortgage debt increase. From 1999 to 2016, the median mortgage debt almost doubled in real terms for Canadian families, rising from $91,900 to $180,000. These results are from the new study, " Homeownership, mortgage debt and types of mortgage among Canadianfamilies ," published today in Insights on Canadian Soci...

LUXURY NEIGHBOURHOODS IN TORONTO Are you house hunting for the best of what Toronto has to offer? If you dream of long winding streets, pristine parks, and some of the most architecturally delectable homes in the city, look no further than luxury neighbourhoods in Toronto. Here are five of my favourites.   Rosedale Rosedale is steeped in history and the neighbourhood flaunts that historic charm at every corner. As one of the first neighbourhoods in the city of Toronto you will find tree-lined streets, three peaceful and scenic ravines, as well as homes in a variety of styles such as Edwardian, Tudor, Victorian, and Georgian.   Forest Hill The story goes that the better the school, the more sought-after the neighbourhood. Upper Canada College has produced ten Olympic medallists, four premiers, seven chief justices, four Mayors of Toronto and countless other famous Canadians. Some of Bishop Strachan School’s alumni include the first female computer scientist in ...

⚡️ “TORONTO THE BEAUTIFUL” https://t.co/76UQWucy4t pic.twitter.com/X3q32m2qWi — Shawn Venasse (@shawnvenasse) July 28, 2019

REALTOR.COM's FUNNY NEW COMMERCIALS  

CREA CANADIAN HOME SALES STEADY IN JUNE 2019

TORONTO REAL ESTATE BOARD'S -- MARKET WATCH - JUNE 2019 from Shawn Venasse

Elli Davis Newsletter - July 2019 Summer is finally here! Children are out of school and this is the month that sees many of them heading to camp or families leaving the city for time at the cottage or camping. This is the time of year to relax, rejuvenate and enjoy the long lazy days.