Trending This Week: Home Prices Up, Millennials Heat Up Market, ‘Fixer Upper’ Finale

home

Toronto

Toronto Home Prices Rise For Third Straight Month, Showing Signs of Rebound (Globe and Mail)

Toronto house prices are continuing to show solid growth, indicating a strong and steady 2018.

Homeless Shelter Requests Electronic Sign to Boost Revenue (Toronto Star)

The Fred Victor Centre says a sign on its homeless shelter near Moss Park could bring in as much as $150,000 a year. City staff recommends rejecting the proposal.

Millennials Help Heat Up Toronto Market (With Help From ‘Bank Of Family’) (Toronto Storeys)

While you keep hearing about Toronto’s cold winter housing slump, its Millennial space heater, so to speak, needs some attention too.

Canada

Canadian Housing To Be Listed On Chinese Amazon-Style Site (Huffington Post)

At a time when areas are trying to restrict foreign home buying, Chinese buyers will now be able to purchase a home at the click of a button.

Canadian Rental Rates Are Falling After A Long Period Of Steep Growth (Huffington Post)

Reports show that rent is down 4.4 per cent, however that doesn’t mean cheaper rent, since prices are still higher than ever.

Meet the new class of homebuyer (Canadian Real Estate Magazine)

Millennial tech start-up CEOs are setting a new precedent in the Canadian home-buying market, by using the unpredictability of their industry.

USA

Fashion Star Heidi Klum Buys Fixer-Upper Penthouse for $5.1M (Realtor.com)

This former art studio is in trendy Soho and is equipped with 4,772 square feet to be fully renovated and re-imagined.

The ‘Fixer Upper’ Series Finale Threw Us for a Loop (Realtor.com)

Chip and Joanna Gaines have officially bid adieu to renovating homes together on HGTV for all their farmhouse chic–obsessed fans.

$239 Billion of Property Taxes Levied on U.S. Single-Family Homes in 2017 (World Property Journal)

New Jersey, Illinois, Vermont, Texas, New Hampshire post highest property tax rates. Property taxes increase faster than the national average of 58 per cent of markets.

International

Notting Hill House with Indoor Swimming Pool, ‘James Bond’ Parking Hits Market (Mansion Global)

After a four year, multi-million-pound construction project, Havona House in London’s Notting Hill has been listed with a £25 million (44.87 million CAD) price tag.

The Portuguese government wants you to lease a castle for 50 years (Global Property Guide)

The Portuguese government is leasing out abandoned heritage buildings, including forts, castles and royal palaces to private investors, under a new initiative named ‘Revive.’

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas (World Property Journal)

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise.

More from Toronto Storeys

Majority Of Toronto And Vancouver Real Estate For Sale Sees Bidding Wars

Toronto real estate may not be what it was one year ago,...
Read More