TRENDING: Toronto Vs. Montreal, Interest Rate Hike, Housing Affordability

Toronto

Why Toronto’s Liveability Loss Could Be Montreal’s Gain

If one city’s gain is another city’s loss, Toronto might want to keep an eye on what’s happening in Montreal these days. North America’s largest French-speaking community is definitely having a moment.

7 Toronto Condo Development Launches We’re Excited About For 2018

Earlier this year, builders broke ground for condo units in Toronto at a faster rate than they had in a nearly half a century.

Toronto’s First Package-Free Store: Prepare To Go Bare

Toronto’s first one-stop shop for package-free goods is on a mission to help reduce your waste.

How Much You Need To Earn To Afford A Home In These GTA Cities

It’s old news that Toronto real estate prices have outstripped the incomes of many Torontonians. Nonetheless, the average GTA home price is on the rise — again.

Dana Levenson Of CTV Takes You Inside Her Modern Family’s Dream Home

When the popular CTV Toronto figure and Kevin Green decided to move in together, after nearly six years of dating, they faced a major hurdle: finding a home for their blended family.

Toronto Road Closures To Watch For This Weekend

Well, we had a taste of Toronto road closures down by the Lakeshore last weekend. Now they’re back with a vengeance.

TTC Subway Closures: 4 Stations Shut Down On Line 1 This Weekend

Midtown Toronto subway users are no strangers to the havoc wreaked by the Eglinton Crosstown LRT, and this weekend is no exception due to closures.

10 Free Things To Do In Toronto Weekend

Free Toronto from the expenses that can go along with weekend fun? Our pleasure. As usual we have made our weekly list of free things for you to do in Toronto this weekend this weekend.

Canada

Bank of Canada Hikes Interest Rate to 1.5 Per Cent, More Hikes Expected

Growing trade volatility and tariff threats weren’t enough to sway the Bank of Canada from its upward swing.

‘Recycled’ Listings Mean Canada’s Housing Market Data May Be Misleading (Huffington Post)

You’ve likely heard about the slowdown in the once-hot housing markets in Toronto and Vancouver, but what you may not know is that — unlike with many other aspects of the economy — virtually all the data about housing comes from the industry itself.

Canada Has A New Hotspot For Pricey Real Estate (Times Colonist)

Canada’s prime market for high-priced real estate until recently, Vancouver has been unceremoniously knocked off that perch, according to the findings of a Sotheby’s report published July 10.

U.S.A.

Toronto Vs. Each American State: Salary Needed To Afford An Average Home

Toronto real estate is expensive. You already know that. But how does Toronto shape up when it comes to comparing its home affordability to that of the United States?

Why We Think Shaq Is Selling His Florida Home After 25 Years (Realtor.ca)

NBA superstar Shaquille O’Neal is saying goodbye to Shaq-apulco, the sprawling megamansion in Windermere, FL, he picked up in 1993. Why now? We look for clues.

Central Air Commands $5,500 Price Premium in U.S. Homes (World Property Journal)

Zillow is reporting this week that U.S. home buyers are willing to spend more for the comforts of a cooler home.

International

Think Toronto Is Pricey? A Hong Kong Parking Spot Sold For 765,000 USD

The parking space at the luxury Ultima project located in the Kowloon district was initially bought in September 2017 by a local couple for 430,000 USD. (HK$3.4 million). A mere nine months later they resold the spot for 765,000 USD. (HK$6 million).

British Commission-Free Realtor Expands To Canada (Globe and Mail)

British no-commission online realtor Purplebricks PLC is expanding into Canada’s real estate market with the $51-million purchase of similar commission-free online realtor Dupropio/ComFree Network (DPCF).

IMF Warns That Canadian Real Estate Is A “Key Domestic Risk” (Better Dwelling)

Canadian real estate prices are one of the biggest risks to the country, according to a big three letter organization. The International Monetary Fund (IMF), the global organization dedicated to sustainable growth, released a statement after an official “mission” to Canada.

More from Toronto Storeys

What’s trending in real estate this week

Here’s what you missed in real estate news from Toronto, Canada, the...
Read More