Toronto Real Estate News Updates
Reach for a Roller and Add Flair to All Fixtures: Royal LePage Identifies Top Renovations with Best ROI (March 19, 2008)
If you've spent years waking up to wood-panelled walls and soft shag rugs, some home renovations, especially if you're thinking of selling your home, may be in order. Before picking up a sledgehammer, however, it's worthwhile to know the cost of updating your decades-old décor, and the degree to which those costs will be recouped when it comes time to sell. While some renovations such as updating a kitchen or bathroom may require a trained professional, there are a number of do-it-yourself projects that are sure to increase a home's resale value, according to the Royal LePage Renovations and Returns Survey released today. ...
Royal LePage Announces Number One REALTOR® in Canada (March 3, 2008)
Royal LePage Real Estate Services is pleased to announce that Dan Cooper, a Broker with Royal LePage Real Estate Services Ltd., has earned the coveted title of number one REALTOR® in Canada for Royal LePage in 2007. ...
Winter Recreational Property Prices Remain Red Hot During Canada's Coldest Months (January 31, 2008)
While sunshine states such as Florida and Arizona have long enticed Canadians to purchase their winter retreats in warmer-weathered American cities, the uncertainty clouding the U.S. housing market has many Canadians favouring properties north of the border. In fact, 36 per cent of Canadians who own a winter recreational property or who are considering purchasing one cite they are more inclined to buy a property in Canada than in the U.S. because of the economic uncertainty plaguing our southern neighbours, according to the 2008 Royal LePage Winter Recreational Property Report released today. ...
Unseasonably High Price Appreciation and Record-Breaking Activity Cap Canada's Real Estate Market in 2007 (January 8, 2008)
Canada's real estate market posted significant gains in the fourth quarter of 2007 and showed little sign of the traditional seasonal slowdown. Average house prices continued to increase in the fourth quarter with many markets experiencing double-digit gains, according to a House Price Survey report released today by Royal LePage Real Estate Services. ...
Canada's House Prices Forecast To Rise By 3.5 Per Cent In 2008; Activity To Moderate - Solid economic fundamentals should allow Canada's residential real estate market to chart its own course and maintain its buoyancy throughout 2008 (December 17, 2007)
After experiencing an exceptional year characterized by strong average house price appreciation and record breaking unit sales, the momentum from 2007 is anticipated to carry over and position Canada's real estate market for steady, yet moderate growth in 2008, according to the Royal LePage 2008 Market Survey Forecast released today. ...
What's on Your Wish List? Top 10 Must Haves for Today's Multi-Million Dollar Homes - Royal LePage reports on the most unique and sought-after accessories of luxury homes (December 4, 2007)
Come holiday season, children and adults alike begin creating wish lists - detailed accounts of everything their hearts' desire. This season luxury homeowners' wish lists are likely to spare no expense, as the bar just keeps getting higher when it comes to outfitting one's multi-million dollar pad. ...
Ecologically Friendly, Economically Smart - Green is the New Gold Standard for Outfitting a Home - Royal LePage Eco Home Survey finds 88 per cent of Canadians want green qualities in their home (October 30, 2007)
Green friendly home improvements will likely yield a solid return on investment come selling time as almost three quarters of Canadians (72%) say they will look for a green-improved property in their next home purchase, and 63 per cent will be willing to pay more for an environmentally friendly home, according to the Royal LePage Eco Home Survey released today. ...
Royal LePage Joins TV Fall Line-Up - Royal LePage TV makes its debut with 10 online educational episodes (October 9, 2007)
Royal LePage Real Estate Services joins the hype of a new fall season with the launch of Royal LePage TV. Look no further than Royal LePage TV to provide valuable real estate information to your clients. Critics are calling this series of 10 educational videos on home buying and selling in Canada, "the best new program of the 2008 season." ...
Unwavering Demand Supports Rising Canadian House Prices in Third Quarter - Saskatoon, St. John's and Saint John report extremely strong activity (September 27, 2007)
Canada's resale housing market remained on solid ground during the third quarter as high consumer confidence, strong employment rates and stable interest rates led to robust buyer demand prompting average house prices to rise in all major markets, year-over-year, according to a House Price Survey report released today by Royal LePage Real Estate Services. ...
Royal LePage Launches Helping You in Real Estate Podcasts - Series features Linda Leatherdale and industry experts (September 12, 2007)
Royal LePage Real Estate Services is pleased to announce the launch of the Helping You in Real Estate Podcasts. Featuring Linda Leatherdale, The Toronto Sun's money editor, and a series of industry experts, the podcasts explore a bevy of real estate topics. ...
Canada's Housing Market Forecast to Perform Strong and Steady Through 2007, with Astounding Momentum from Solid Second Quarter - Average house prices set to rise by 9.5 per cent nationally (July 6, 2007)
Canada's resale housing market finished the second quarter on strong and steady footing; surprising many by its astounding momentum. Healthy and robust conditions are expected to prevail through to year's end as all regions are poised to experience a rise in average house prices, with double-digit gains forecast for Edmonton, Calgary, Winnipeg and Regina, according to a report released today by Royal LePage Real Estate Services. ...
Will Rising Gas Prices Drive a Wedge in Canadians' Cottage Plans this Summer? - Royal LePage survey finds recreational property prices continue to rise (June 5, 2007)
Despite rising cottage and gas prices, the number of Canadians committed to owning their own getaway retreat has increased since last summer, with 12 per cent of Canadians planning to or considering buying a recreational property in the next three years, according to the 2007 Royal LePage Recreational Property Report released today. ...
Rags to Riches to Real Estate - Nouveau riche, not old money driving high-end home sales, Royal LePage report (May 15, 2007)
Good old-fashioned hard work, not birthright, is the key to unlocking fortune and the front door of a new luxury home, according to the 2007 Carriage Trade Luxury Properties Report released today by Royal LePage Real Estate Services. Given that the unit sales of high-end homes in almost all cities surveyed increased significantly year-over-year, Canadians appear to be working harder than ever. ...
Hidden Gems, Hot Spots, Top 10 Tips – Cottage Buyers Take Note - Royal LePage's Snapshot of Canada's Cottage Market (May 1, 2007)
Prospective cottage purchasers on a limited budget can still own a slice of Canadian paradise if they know where to look. Royal LePage's 2007 Cottage Country Snapshot highlights 10 hidden gem areas where properties can be found for $250,000 or less, 10 hot spots for those with pie in the sky budgets, and 10 tips every buyer needs to know before wading into the process. ...
Females Drive Housing Demand and Hammer Away at Renovations - Royal LePage survey finds 25% of women searching for a home are looking for a 'fixer-upper' and plan to do the work themselves (April 17, 2007)
With a chequebook firmly in one hand and a hammer confidently in the other single female homebuyers of all ages continue to knock down barriers by purchasing real estate and tackling home repairs. Currently, 30 per cent of single, never-before married women own their own home, while 45 per cent of divorced or separated women and 64 per cent of widowed women are homeowners, according to the Royal LePage Female Buyers Report released today. ...
Canadian Housing Market Exceeds Expectations in First Quarter - Strong consumer confidence and healthy provincial economies boost demand (March 29, 2007)
Canada's housing market got off to a surprisingly strong start in 2007 with average house prices rising in all major markets surveyed, according to a first quarter report released today by Royal LePage Real Estate Services. The combination of resilient consumer confidence, moderately low interest rates and improved affordability across most of the country led to greater than expected activity during the typically slower first quarter. ...
Royal LePage Contest Offers Consumers a Chance to Win a Luxury Room Make-over (March 12, 2007)
Royal LePage Residential Real Estate Services has launched an online campaign to promote its 'Tell Us Your Story and WIN' contest. The contest is designed to increase awareness of the Royal LePage brand and to reinforce the message that Royal LePage agents are professionals that go above and beyond to help their clients and the communities they live in. ...
Canada's Housing Market Remains Strong as 2006 Closes, House Prices Forecast to Increase by 6.5% in 2007 - Commodity-rich Western provinces continue to report highest rise in average house prices (December 14, 2006)
Canada's resale housing market will finish the year on strong and stable footing as average house prices increased, year-over-year, in almost all markets examined. This healthy activity is expected to continue into 2007. Throughout 2006, regional variances were evident, with substantial double-digit gains reported in the West, while Ontario, Quebec and Atlantic Canada reported more modest gains, according to a year-end report released today by Royal LePage Real Estate Services. ...
Number of Canadians Embracing Life in the 'Lap of Luxury' rises - Carriage Trade Report finds sales of luxury homes far outpaced the general market across Canada (November 24, 2006)
Canadians are embracing luxury living more than ever before - and if they are not currently living in a luxury home, many aspire to someday live in the lap of luxury. As a result, the number of unit sales of luxury homes has skyrocketed in Canada's major markets, according to the Carriage Trade Luxury Properties Report released today by Royal LePage Real Estate Services. The report found that there has been a surge of unit sales in all markets examined, with the greatest increases occurring in Calgary, Edmonton and Halifax, which all reported sales increases of more than 125 per cent, year-over-year, in the first three quarters of 2006. ...
Moving Up, Moving Down, Staying Put or Renovating, Today's 50-Plus Crowd Are Rocking Tradition Not Chairs - Royal LePage launches specialized REALTOR® designation program (November 2, 2006)
Retire those 'old age' stereotypes. Seventy is the new 60. Fine dining trumps early bird specials. Condo living challenges retirement home living. With more than 10-million Canadians now aged 50-plus, the shifting mindset of this demographic is resulting in significant changes within the country's housing market, and warrants special consideration, finds the Royal LePage 50-Plus Report released today. ...
Canada's Housing Market Both Vigorous and Stable - Country's market poised to show growth throughout 2006 (September 28, 2006)
For most of Canada, the housing market exhibited moderate price increases and stable unit sales during the third quarter. Wide regional variances continued to be the dominant characteristic in the market, exemplified by frenzied levels of activity and double digit price gains observed in the energy and commodity rich Western provinces, and more reasonable sales volumes and moderate price appreciation in Ontario, Quebec and Atlantic Canada, according to a report released today by Royal LePage Real Estate Services. ...
Canada's Housing Market Shows Strength and Momentum in the Second Quarter - Average house price expected to increase by 9.2 % this year (July 5, 2006)
Canada's housing market continued to make advances from coast to coast in the second quarter. The pace of growth varied greatly by region, with activity levels and price increases in the Western provinces far outpacing that in the rest of the country. Compared to the same period last year, Ontario, Quebec and Atlantic Canada maintained similar high sales volumes, with moderate price increases, while extraordinary demand and limited inventory drove double digit price increases in the west, according to a report released today by Royal LePage Real Estate Services. ...
Canadians Willing to Pay Soaring Prices for Recreational Properties - Some even more than their homes (May 31, 2006)
Canadian recreational property prices continue to increase in most markets across the country, as demand remains strong and inventory remains scarce. Tight market conditions are expected as current cottage owners plan to stay put and young professionals enter the market in droves, according to the 2006 Royal LePage Recreational Property Report released today. ...
Canada's Housing Market Off to a Solid Start in 2006 (April 5, 2006)
Canada's housing market started the year on a strong note as average house prices rose in all markets across the country, according to a first quarter report released today by Royal LePage Real Estate Services. An unusually mild winter helped boost demand as unit sales rose to near record levels in the quarter. ...
Image is Everything: Creating a Positive First Impression is Key to Selling Your Home (February 16, 2006)
The old adage that you only get one chance to make a first impression rings true for sellers showing their homes in today's competitive market. With the spring market quickly approaching, many homeowners are wondering what they can do to help get their homes ready to sell. A poll of potential buyers released today by Royal LePage Real Estate Services, found that sellers ought to do more than just look after required renovations before showing their home. In fact, décor improvements help make a strong impact on buyers and can ultimately affect a home's market value. ...
Royal LePage Announces Number One REALTOR® in Canada (February 9, 2006)
Royal LePage Real Estate Services is pleased to announce that Dan Cooper, an Associate Broker with Royal LePage Real Estate Services Ltd., has earned the coveted title of number one Realtor in Canada for Royal LePage in 2005. ...
Canada's Housing Market Remained Buoyant in Fourth Quarter (January 12, 2006)
The country's housing market showed remarkable strength in the traditionally slower fourth quarter as sales activity in most major markets stimulated robust year-over-year increases in average prices, according to a fourth quarter report released today by Royal LePage Real Estate Services. ...
Courtesy of Royal LePage Canada
