Posts

VICE LOOKS AT WHAT $500,000 BUYS YOU IN CANADIAN HOUSING MARKET

Image
VICE LOOKS AT WHAT $500,000 BUYS YOU IN CANADIAN HOUSING MARKET   And an accompanying article on the same subject but in greater detail... HERE'S WHAT KIND OF HOUSE $500,000 GETS YOU ACROSS CANADA: https://www.vice.com/en_ca/article/yw8jxx/heres-what-kind-of-house-dollar500000-gets-you-across-canada? Please check out my WE HEART IT account and follow me! Shawn Venasse

TREB's CONDO MARKET REPORT - 2nd Quarter 2019

Image
CHECKOUT TREB'S CONDO REPORT - 2nd Quarter 2019 TREB Releases Condo Market Figures As Reported By GTA REALTORS® July 24, 2019  -- Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,038 condominium apartment sales through TREB's MLS® System in the second quarter of 2019. This result was up by 3.2 per cent compared to Q2 of 2018. New condominium apartment listings entered into TREB's MLS® System were down by 3.5 per cent compared to Q2 2018, with 11,110 listings added in 2019 versus 11,512 listings added in 2018. "As has generally been the case in the region since the implementation of the Ontario Government's Fair Housing Plan in 2017, the condo market segment has remained tight in comparison to other major housing types. However, from a price point perspective, condo apartments continue to offer prospective buyers a relatively affordable housing option when looking across the GTA," said Mr. C...

BEST RESTAURANTS IN THE ANNEX

Image
BEST RESTAURANTS IN THE ANNEX Many fall in love with The Annex due to its historical significance and architectural charm, but did you know that some of Toronto’s best restaurants are in The Annex? Here’s a small handful of places you must visit if you are seeking a gourmet adventure. Kinka Izakaya If you are looking for a lively dining atmosphere, look no further than Kinka Izakaya . While the austere brick wall would describe the restaurant as more conservative in nature, upon entry you will be greeted with an eruption of cheers. Imagine it akin to arriving at your own surprise party. The food is also perfect for this party-style atmosphere. Self-described as Japanese tapas, this is the perfect place to pick and share small portions of the best that Japan has to offer. Kimchi Udon, Assorted Oden, Brie Cheese, Seared B.C. Tuna, Sashimi Salad, Daikon Salad, Green Tea Cheesecake, Almond Tofu and Sake Tiramisu are just some of the tantalizing menu items waiting for you to ...

NEW CONDO DEVELOPMENTS IN TORONTO

Image
NEW CONDO DEVELOPMENTS IN TORONTO Everywhere you look there is a new condo cropping up. But which are worth considering, and which are available soon? Here is a list of new condo developments in Toronto that are move-in ready as of 2020 and will be the talk of the town when you choose it as your future home! ONE FOREST HILL One Forest Hill is teeming with awards. It’s 4 OBHA awards include: Project of the Year, Best Ad Campaign, Best Website, and Best Project Video. One Forest Hill is one of the few mid-rise developments that are so highly sought after in the central part of Toronto. This collection of information seems natural when you remember that One Forest Hill is located in one of the most affluent and elegant neighbourhoods in the city. There are 43 completely customizable floor plans with square footage raging from 1,300 square feet to over 3,000 of grandeur living. UOVO BOUTIQUE RESIDENCES Uovo Boutique Residences If you appreciate the finer things in life, yo...

TREB's MARKET WATCH REPORT - JULY 2019

THE TORONTO REAL ESTATE BOARD'S MARKET WATCH JULY 2019  

HOMEOWNERSHIP, MORTGAGE DEBT AND TYPES OF MORTGAGE AMONG CANADIAN FAMILIES - Full Report with additional resources

Image
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

Image
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

Image
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 - A Twitter Moment by Shawn Venasse

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

REALTOR.COM's FUNNY NEW COMMERCIALS

Image
REALTOR.COM's FUNNY NEW COMMERCIALS