Toronto Real Estate December 8, 2018

Story image for Toronto Real Estate from Toronto Sun

Real estate agent found slain in suburban model home

Toronto SunDec. 6, 2018
BALTIMORE — Homicide detectives scoured the grounds of a model home Thursday in Maryland after a building company employee was found slain inside the …

Story image for Toronto Real Estate from Toronto Star

GTA home prices continue to rise as new listings drop

Toronto StarDec. 5, 2018
But sales and listings were down dramatically, ramping up competition among buyers in some neighbourhoods, according to the Toronto Real Estate Board.

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Metro Vancouver home sales and prices down to more ‘historical …

Financial PostDec. 4, 2018
VANCOUVER — Both sales and prices for Metro Vancouver homes have dropped in what the head of the Real Estate Board of Greater Vancouver says is a …

Story image for Toronto Real Estate from Toronto Life

A first look inside the Toronto Trump Hotel’s replacement, the St. Regis

Toronto LifeDec. 3, 2018
Last autumn, InnVest Hotels acquired Toronto’s Trump Hotel. They famously ditched the name, and, after a year-long renovation, transformed the building into …

Story image for Toronto Real Estate from Better Dwelling

Toronto Real Estate Sees Fewest November Sales In 6 Years

Better DwellingDec. 5, 2018
Toronto real estate buyers may be paying slightly more than last year, but there’s a lot less of them. Toronto Real Estate Board (TREB) numbers show November …

Story image for Toronto Real Estate from The Globe and Mail

As listings in Toronto’s real estate market thin, sellers have some …

The Globe and MailDec. 6, 2018
For sellers in the Toronto-area real estate market, setting a tantalizing asking price is a crucial piece of strategy. Real estate agent Ira Jelinek of Harvey Kalles …

Agellan Commercial Real Estate Investment Trust Obtains Interim …

Financial PostDec. 6, 2018
TORONTO — Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) is pleased to announce that today it obtained an interim order (the …

Story image for Toronto Real Estate from Financial Post

Toronto housing sales fall the most in eight months, but prices stay …

Financial PostDec. 5, 2018
Sales in Canada’s biggest city fell 3.4 per cent in November to 6,588 units from the previous month on a seasonally adjusted basis, the Toronto Real Estate …

Story image for Toronto Real Estate from The Globe and Mail

Sidewalk Labs’s vision and your data privacy: A guide to the saga on …

The Globe and MailDec. 7, 2018
An illustration from Sidewalk Toronto shows the design for a proposed … released in November, gave more concrete numbers about the realestate space it …

Story image for Toronto Real Estate from BNNBloomberg.ca

Real estate’s unlucky numbers and what some cities are doing about it

BNNBloomberg.caDec. 6, 2018
TORONTO — It’s an open secret among real estate agents that in certain … I thought it was just BS,” said Tina Mak, a Vancouver-area real estate agent who has …

Story image for Toronto Real Estate from OurWindsor.ca

Close adviser to Premier Doug Ford had real estate deal with future …

OurWindsor.caDec. 6, 2018
Ontario’s new top cop, Ron Taverner, purchased a Toronto home privately last year from one of Premier Doug Ford’s closest advisers in both politics and …

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Forward-looking Top GTA Employers take workplace culture to the …

The Globe and MailDec. 7, 2018
Cadillac Fairview Corporation Ltd., TorontoReal estate management; 1,291 employees. Offers a three-year leadership rotation program designed to provide …
The Soul of the New Economy is Tech: ‘Greater Toronto’s Top …
Local SourceCanada NewsWire (press release)Dec. 7, 2018

Story image for Toronto Real Estate from Toronto Star

Richmond Hill, Vancouver among Canadian cities taking a stand …

Toronto StarDec. 6, 2018
It’s an open secret among real estate agents that in certain communities, condo units on the fourth floor can take longer to sell. “When I was younger, I didn’t …

Toronto Real Estate Facing Increased Scrutiny Amid Money …

Point2 Homes (blog)Dec. 5, 2018
As a result, FINTRAC, Canada’s national anti-money laundering agency, will step up the number and the extent of the audits it does. The Toronto real estate …

Calgary home sales slide 14% compared with a year ago

CBC.caDec. 3, 2018
It continued to be a buyer’s market for real estate in Calgary last month, according to the … said the Calgary Real Estate Board (CREB) said in a release Monday.

Purpose-built rentals: Issues, strategy from apartment experts

Real Estate News EXchangeDec. 6, 2018
That was the consensus of five top real estate executives focused on the purpose-built rental market during a panel at the Toronto Real Estate Forum held at the …

Home buyer rushes to make off-market deal on Toronto semi-detached

The Globe and MailDec. 3, 2018
Home buyer rushes to make off-market deal on Toronto semi-detached. Sydnia Yu … the market: zero. Listing agent: Ira Jelinek, Harvey Kalles Real Estate Ltd.

Canada’s Largest Real Estate Developer Declared A Soft Landing …

Better DwellingDec. 7, 2018
Toronto real estate has had three significant downcycles, and they lasted longer than a few weeks. The first one started in 1959, bottoming out 5 years later in …

There’s still a long road ahead for Sidewalk Labs’ Toronto project

The Globe and MailDec. 5, 2018
In fact, the public agency Waterfront Toronto and this specific project will be … “happily handing [the company] a neighbourhood of prime real estate to call their …

Hoser losers: Everyone’s dissing the Toronto stock market and …

The Globe and MailDec. 5, 2018
Everyone’s picking on the Toronto stock market and Canadian dollar these days. …. The Toronto Real Estate Board said the number of homes sold in the Greater …

Story image for Toronto Real Estate from The Hockey News

It’s great for Maple Leafs that Nylander has signed, but now the real …

The Hockey NewsDec. 3, 2018
The decisions facing the Toronto Maple Leafs after this season, as difficult as … Gardiner will be unloading his valuable piece of Toronto real estate after this …

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Toronto Mayor Tory strikes conciliatory note as new 25-ward council is …

The Globe and MailDec. 4, 2018
Toronto Mayor John Tory addressed the city’s 25-ward council for the first time on … However, he also warned that, with the “less-buoyant” real estate market, the …

Story image for Toronto Real Estate from Toronto Storeys (blog)

GM Closure Could Hurt Durham Region Housing Market, Says DREB

Toronto Storeys (blog)Dec. 4, 2018
“To what effect this will have on real estate is not yet clear. … The city is also popular with commuters who travel to Toronto or Markham to work, thanks to some …

Waterfront Toronto considered contributing Quayside lands as equity …

The LogicDec. 5, 2018
Waterfront Toronto considered offering Quayside land as equity to fund its development …. It also includes realestate returns through Waterfront Toronto—or …

New Report Suggest Homebuyers Might be in Trouble in Mississauga

insauga.comDec. 5, 2018
The Toronto Real Estate Board (TREB) recently announced that the market continued to experience moderate price growth in November 2018.
November Home Prices On The Uptick Despite Slower Sales
Toronto Storeys (blog)Dec. 5, 2018

Boosting supply is no. 1 job, Ontario’s housing minister says

Toronto StarDec. 3, 2018
“I believe we should be looking at some of the properties we presently control,” he said, citing Toronto Mayor John Tory’s commitment to building affordable …

Trump aides caught in web of deception over Russia contacts

Toronto StarDec. 1, 2018
WASHINGTON—One lied about his knowledge of Russian-hacked emails, another about a Russian real estate deal, a third about dialogue over sanctions with …

Freeman Real Estate Hosts the 3rd Annual Great Turkey Give

Canada NewsWire (press release)Dec. 4, 2018
4, 2018 /CNW/ – On Sunday, December 16, Freeman Real Estate Ltd. will host its … Helping to distribute the turkeys this year will be Toronto city councillors Mike …

Sale of the Week: The house that shows what $1.15 million gets you in …

Toronto LifeDec. 3, 2018
Address: 34 Riverlea Drive Neighbourhood: Humber Heights Agent: Paul Raposo, Keller Williams Neighbourhood Realty, Brokerage Previously sold for: …

Young executives share expertise, views on Canadian CRE

Real Estate News EXchangeDec. 4, 2018
Young executives and panelists Bryce Alston, Jennifer Balcerak, Michael Hungerford, Laurence Vincent and Daniel Winberg at the Toronto Real Estate Forum.

Story image for Toronto Real Estate from The Globe and Mail

Heritage mansion in exclusive Wychwood community sold at a discount

The Globe and MailDec. 1, 2018
Listing agents: Richard Silver and Rizwan Malik, Sotheby’s International RealtyCanada … “This is a very special estate, so we knew it would take a specific type of … with breathtaking views of downtown Toronto, all the way south to the lake.”.

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Toronto Home Prices Rise + Hyper-Concentration Of Jobs Downtown

Move SmartlyDec. 7, 2018
But sales and listings were down dramatically, ramping up competition among buyers in some neighbourhoods, according to the Toronto Real Estate Board.

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Why the Short Sellers Are Wrong About Toronto-Dominion Bank (TSX …

The Motley Fool CanadaDec. 4, 2018
Why the Short Sellers Are Wrong About Toronto-Dominion Bank (TSX:TD) … to see the national average home price according to the Canadian Real Estate …

Older North Toronto home draws seven bids

The Globe and MailDec. 4, 2018
Older North Toronto home draws seven bids. Sydnia … 42 Burnaby Blvd., Toronto… Listing agents: Belinda Lelli and Paul Macmillan, Royal LePage Real Estate …

Canadian Real Estate Mogul Jonathan Wener Hands Over The Reins

Toronto Storeys (blog)Dec. 5, 2018
One of the most influential figures in Canadian real estate, Jonathan Wener, will … ventures at Canderel including Toronto’s College Park which comprises two …

Gains Abroad Extend the Record Earnings Streak at Canadian Banks

BNNBloomberg.caDec. 7, 2018
Toronto-Dominion Bank and Bank of Montreal profited from their U.S. … decelerates as a result of lower oil prices or continued slowing in residential real estate.

First day on city council: 4 new councillors weigh in

CityNewsDec. 5, 2018
Toronto’s city council gathered for the first session of the 2018-2022 term Tuesday, … She was also elected three times to serve on the board of the Real Estate …

Farewell, Forest City. Brookfield wraps up purchase of Cleveland real …

cleveland.comDec. 7, 2018
Forest City Realty Trust, Inc., which had its headquarters at Key Tower in downtown … with Brookfield Asset Management, a Toronto-based global investment giant. … Brookfield placed Forest City into a real estate investment fund whose …

17 per cent sales drop in real estate not cause for alarm, says CEO

TheSpec.comDec. 5, 2018
17 per cent sales drop in real estate not cause for alarm, says CEO … He added that the Novembers numbers in other places, like Toronto, are generally similar.

Bank of Canada sets interest rates Wednesday

CityNewsDec. 5, 2018
The Bank of Canada will set interest rates on Wednesday, Toronto’s real estatemarket continues to cool and stock markets were a mess yesterday. 680 NEWS …

Story image for Toronto Real Estate from SooToday.com

HBC posts lower Q3 loss as Saks Fifth Avenue drives improvement in …

SooToday.comDec. 5, 2018
TORONTO — Hudson’s Bay Co. is getting a helping hand from a competitor that … It also believes HBC should pursue real estate investment trust status for its …

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Condo of the Week: $1.3 million for a waterfront condo with a marble …

Toronto LifeDec. 7, 2018
Address: 35 Mariner Terrace, Unit 2509. Neighbourhood: Harbourfront Agent: John Martino, Homelife/Cimerman Real Estate Ltd., Brokerage Price: $1,299,888 …

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Sharp shrinkage observed in Toronto’s housing supply

Mortgage Broker NewsDec. 5, 2018
New data from the Toronto Real Estate Board showed that the number of new for-sale listings in the GTA fell by 26.1% annually in November, with total active …

Province wants to speed sale of 243 surplus properties

Toronto StarDec. 4, 2018
About 50 of the properties are in the Toronto and Hamilton area, including 20 in the city of Toronto. Among those is the old Thistletown Regional Centre, …

North Bay real estate market enjoying strong rebound

BayTodayDec. 3, 2018
‘Active residential listings numbered 354 units at the end of October. This was down 28 per cent from the end of October 2017 and marked the lowest level of …

The Daily Chase: Market rout loses steam; Bank of Canada decision day

BNNBloomberg.caDec. 5, 2018
-Home prices were stable across the Greater Toronto Area in November even amid a sharp drop in sales (14.5 per cent y/y). The Toronto Real Estate Board is …

New Report Suggest Homebuyers Might be in Trouble in Brampton

inbrampton.comDec. 6, 2018
The Toronto Real Estate Board (TREB) recently announced that the market continued to experience moderate price growth in November 2018.

Soaring rents force food entrepreneurs to think small – really small

The Globe and MailDec. 2, 2018
On Spadina Avenue just south of Richmond Street in downtown Toronto, for … In Vancouver, restaurant real estate specialist Shane Morck estimates that …

House near busy Bathurst Street has price slashed for swift sale

The Globe and MailDec. 4, 2018
748 Woburn Ave., Toronto. Asking price: $2,379,000 … on the market: 24. Listing agents: André Kutyan and Robert Greenberg, Harvey Kalles Real Estate Ltd.

Toronto home offers sand and surf off Lake Ontario

The Globe and MailDec. 3, 2018
… agent Jody Thompson said. “A 50-foot waterfront lot is very rare in Toronto … [because] it’s mainly 25- or 30-foot lots, and there are only about 350 of them.” …