(Photo courtesy of Vegandale Festival)
Here’s everything you need to keep you in the know …
Toronto
Toronto Real Estate Market Has Recovered And Home Prices Are Up
July has been an outstanding month for Toronto real estate, in a year which saw the first sustained downturn in well over a decade.
Renting On The Lake: This Is How The Other Half Does Cottage Country
Owning a piece of Cottage Country is getting more expensive. For example, the median price of a waterfront property in Muskoka has broken the million-dollar mark this year, according to the RE/MAX 2018 Recreational Property Report. A year ago, these sought-after lots had a median price of $850,000.
The Great Vegandale Revolt of 2018: Toronto’s Fear Of Change
Toronto’s Yorkville neighbourhood — today best known for its expensive residences and luxury retailers — was once the home of our own cultural revolution.
How “Toronto Mike’s” Basement Became The Place For Media’s Biggest Names
Toronto Mike’s home business had made some of media’s biggest names feel at home — literally and figuratively.
Toronto Police Rescue Two Men From Flooded Elevator In Junction
The two men were rescued from a flooded elevator in the basement of a building near Jane and St. Clair.
Taste Of The Danforth: An Ultimate Guide To Its Food, Events, and Charity
Taste of the Danforth is more than Canada’s favourite food festival is back! It’s a big point of Toronto’s pride and community.
Toronto Needs A New City Slogan. Here Are Some Possible Slogans …
Who goes to a city because they belong there? Or, that “We’ve been expecting you” approach, with its slightly sinister overtones.
How This Shopping Mall Is Impacting Its Community In A Meaningful Way
A mall that solidified our pre-teen years.The place we went for the first time without parental guidance. Where we strutted around feeling like we had all the freedom in the world.
Toronto Condo Owner Wins Case Against Tenant Who Secretly Posted Unit On Airbnb
Jovasevic’s condo had been repeatedly rented out on Airbnb without her knowledge by someone tied to a property management company. So she took her case to the Landlord and Tenant Board.
Toronto Vegan Food Scene Is Throwing The City’s Biggest Vegan Festival Ever
Meatless-burgers and dairy-free ice cream will be all over Toronto’s latest food festival when Vegandale, a Toronto Vegan Festival, arrives in Parkdale this weekend.
Toronto Road Closures To Watch For This Weekend
Well, it’s another full weekend for Toronto road closures. Luckily there’s nothing clogging up your major highways in and out the city, but there will be a great deal of in town closures for various festivals this weekend.
TTC Subway Closures: 4 Stations Shut Down On Line 1 — Again
Toronto subway closures are never fun. And if thought the road closures were a pain, wait until we tell you about subway closures: specifically Line 1 closures
Canada
Downtown Toronto Spot May Be Most Expensive Retail Space Ever Leased In Canada
This could be record-breaking for Canadian retail real estate.
Canada’s Baby Boomers Plan To Downsize Or Leave Big Cities [SURVEY]
Baby boomers find big cities in Canada too expensive and unaffordable for retirement.
Calling Big Personalities: Big Brother Canada Is Casting For Next Season
Do you think you have what it takes to win Big Brother Canada? Are you a big personality with strong opinions?
Dog Owners Need To Know About These Cannabis Risks To Canines
Marijuana will soon be allowed in Canadian homes. But dog owners need to know the risks this poses to their pooches.
U.S.A.
US Existing Home Sales Fall For Second Straight Month (CNBC)
U.S. home sales unexpectedly fell in June as an acute shortage of properties on the market pushed house prices to a record high.
Judge Judy bought $9M Estate Because She ‘Just Wanted To’ (Page Six)
Judge Judy just bought Newport, RI’s the Bird House estate. Why? Because she can. Husband Judge Jerry Sheindlin: “Property’s a good investment.” Judge Judy: “Please, it’s wanderlust. I just wanted to.”
Mortgage Rates Rise Again In U.S. (World Property Journal)
According to Freddie Mac's latest Primary Mortgage Market Survey, U.S. mortgage rates in early August 2018 jumped to their fourth highest level of the year.
International
Singapore Overtakes China As Top Asian Capital Source In 2018 (World Property Journal)
According to global real estate consultant CBRE, commercial real estate investment volume in Asia totaled $118.8 billion in Q2 2018, an increase of 1.7% from Q2 2017.
United Kingdom Cost Of Living Is 103 Percent Of Average Household Income (World Property Journal)
A new research by price comparison website MoneySuperMarket reveals that the UK is the most expensive location to raise a family in Europe.
