The document summarizes the current state of the Canadian and Toronto real estate markets. It finds that while economic growth has slowed, job growth continues in Toronto. Interest rates have risen but are expected to increase only modestly in the future. Housing sales have declined from record highs but are forecast to rebound. Condo apartment sales and prices closely follow overall trends, with increased supply a potential risk to future price appreciation. Affordability remains sound, suggesting current price levels are justified.
Our money-making formula: We do 5 things: Generate Traffic (a lot of eye balls), Capture Leads (build a database so you can market to them long-term), Qualify prospects (eliminate tire kickers so people you talk to are ready, willing and able to buy), Convert Sales (money for you in your bank!) and Nurture (create long-term customers who give you raving review and generate a massive amount of referrals)Our money-making formula: We do 5 things: Generate Traffic (a lot of eye balls), Capture Leads (build a database so you can market to them long-term), Qualify prospects (eliminate tire kickers so people you talk to are ready, willing and able to buy), Convert Sales (money for you in your bank!) and Nurture (create long-term customers who give you raving review and generate a massive amount of referrals)
Our money-making formula: We do 5 things: Generate Traffic (a lot of eye balls), Capture Leads (build a database so you can market to them long-term), Qualify prospects (eliminate tire kickers so people you talk to are ready, willing and able to buy), Convert Sales (money for you in your bank!) and Nurture (create long-term customers who give you raving review and generate a massive amount of referrals)Our money-making formula: We do 5 things: Generate Traffic (a lot of eye balls), Capture Leads (build a database so you can market to them long-term), Qualify prospects (eliminate tire kickers so people you talk to are ready, willing and able to buy), Convert Sales (money for you in your bank!) and Nurture (create long-term customers who give you raving review and generate a massive amount of referrals)
Tourism's economic importance to the Transylvania Co. & Brevard North Carolina's economy. Tourist spending, jobs & taxes generated. Includes counties in Western North Carolina. Presentation to Transylvania Co. Brevard Chamber of Commerce and Brevard College.
Toronto real estate statistics may 2011John Helfrich
Toronto Real Estate Market Statistics for May 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Toronto Real Estate Statistics september 2011John Helfrich
Toronto Real Estate Market Statistics for September 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Toronto real estate statistics October 2011John Helfrich
Toronto Real Estate Market Statistics for October 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Presentation by Christine M. Todd, CEO of NVAR, at the 5th Annual Appraisal Summit on June 16, 2010. This event took place at the NVAR Herndon Service Center
Tourism's economic importance to the Transylvania Co. & Brevard North Carolina's economy. Tourist spending, jobs & taxes generated. Includes counties in Western North Carolina. Presentation to Transylvania Co. Brevard Chamber of Commerce and Brevard College.
Toronto real estate statistics may 2011John Helfrich
Toronto Real Estate Market Statistics for May 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Toronto Real Estate Statistics september 2011John Helfrich
Toronto Real Estate Market Statistics for September 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Toronto real estate statistics October 2011John Helfrich
Toronto Real Estate Market Statistics for October 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Presentation by Christine M. Todd, CEO of NVAR, at the 5th Annual Appraisal Summit on June 16, 2010. This event took place at the NVAR Herndon Service Center
Toronto real estate statistics august 2011John Helfrich
Toronto Real Estate Market Statistics for August 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Toronto real estate statistics july 2011John Helfrich
Toronto Real Estate Market Statistics for July 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Recine Team Report
Provider of instant No obligation e-mail updates as soon as homes are listed. Get acess to homes as soon as they aprear on MLS. sign up today. click website to register today
The topic of the joint Country Session of Rwanda and Tanzania was 'Toward Monetary Union in East Africa'. It focused on the progress and challenges of progress towards creating an East African monetary union. The presentations in this slideshare are from Christopher Adam and Dick Durevall.
November 10, 2010 -- The slides from the recent 'Market According to Mercer' presentation series are now available. Jason Mercer's presentation covered all aspects of the GTA housing market (resale, new and rental housing markets) and provided a forward looking view through 2012.
Similar to Toronto Condo Network September 2010 (20)
Here are the slides that will be presented at the West Vancouver Sotheby's International Realty Canada office on July 8th, at 11 PM and again presented in Sarasota for Premier Sotheby's in Sarasota Florida, on September 27th and for the Realtor Association of Sarasota and Manatee on September 28th, 2016.
On December 1st, I taught a seminar about why REALTORS® should consider going paperless. The focus of the seminar was on dealing with paperless transactions, involving document creation, electronic signatures, document storage and of course, how to organize the paperless documents. PICRA stands for the PROFESSIONAL IRANIAN CANADIAN REALTOR ASSOCIATION and is a great organization that serves REALTORS in the Toronto marketplace.
A quick update on options that exist in the marketplace for going paperless and using electronic signatures in the sale of property in Ontario, Canada.
Here are the February 2013 Toronto Housing Market Charts presented by the Toronto Real Estate Board which is the largest Real Estate Association in North America with over 36,000 members. Lots of homes for sale, sold and great three year history of activity!
Over the past 20 plus years I have been a big supporter of Casey House Hospice. The need has never been greater and Toronto's Casey House has come forward as an example of Community, Business and Government working together. Within this 12 page supplement there are stories that will make you laugh and make you cry. I hope you enjoy the read and if you have stories that you can share, please do so.
Yesterday early morning, there was a meeting of the Toronto Condo Network and we had a great discussion about the Toronto Condo market with Consultant N. Barry Lyons who is an expert in what is happening in the Toronto Condo marketplace.
The Hazelton Avenue Heritage Conservation District Plan area is located in the Yorkville Neighbourhood within the City of Toronto. Defined as Areas of Special Identity in the Official Plan, the significant historical and architectural character of the Yorkville Triangle and Scollard Hazelton areas, make it an important part of the City’s rich legacy of neighbourhoods.
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
Dynamics 365 Bid Management for Construction ProjectsDynamic Netsoft
This PDF provides a straightforward guide to using Dynamics 365 for efficient bid management in construction projects. Learn how to streamline processes, improve accuracy, and enhance productivity with practical tips and step-by-step instructions.
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Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
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Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
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Vinra Construction is a private limited company registered under the ROC. The management has an experience of over 15 years of understanding the needs and delivering apt solutions to the end users We are providing turnkey solutions in construction fields. like Construction, Interior Designing Facility Management, Plantation Management, etc..
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Discover Yeni Eyup Evleri 2, nestled among the rising values of Eyupsultan, offering the epitome of modern living in Istanbul.
With its spacious living areas, contemporary architecture, and meticulous details, Yeni Eyup Evleri 2 is poised to be the star of your happiest moments. Situated in the new favorite district of Eyupsultan, claim your spot and unlock the doors to a peaceful life alongside your loved ones. Nestled next to the historical and natural beauties of Eyupsultan, embrace the comfort of modern living and rediscover life.
Social Amenities:
Yeni Eyup 2 offers a life filled with joy with its green landscaping areas, gym, sauna, children’s play areas, café, outdoor pool, and basketball court. Reserve your place for unforgettable moments!
Reliable Structure:
With 1+1, 2+1, and 3+1 apartment options, Yeni Eyup Evleri 2 is designed with first-class materials and craftsmanship. The doors to a safe and comfortable life are here! Choose the option that suits you best and step into your dream home.
Project:
Yeni Eyup 2 is conveniently located, with Istanbul Airport just 26 minutes away, the Mecidiyeköy Metro Line 4 minutes away, and the Tram Stop 5 minutes away, making your life easier with its central location.
Location:
Your home is positioned in a privileged location, providing easy access to the city center, shopping malls, restaurants, schools, and other important places.
Yeni Eyup 2 offers 1+1, 2+1, and 3+1 apartment options designed to meet different needs. Find an option suitable for every lifestyle and open the doors to a comfortable life in your dream home.
https://listingturkey.com/property/yeni-eyup-evleri-2/
Revenue Keys- Begur Village Survey-Sketchrevenuekeys
Find Land Survey Number View A Begur village Begur Hobli Bangalore The Revenue Department of Karnataka By The Survey Sketch Made Citizen Simple Easy to Find Survey Number,s
Total Environment Tangled Up In The Green - Residential Plots Where Nature an...JagadishKR1
Embark on a journey where lush landscapes and contemporary living converge at Total Environment's Tangled Up In The Green Residential Plots in Devanahalli, Bangalore. Surrounded by verdant expanses, these plots offer an idyllic setting for your dream home. Immerse yourself in the serenity of nature while enjoying the finest amenities and design, where every moment is a harmonious blend of luxury and tranquility.
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
1. TREB Market Update
Toronto Condo Network
Presented By: Jason Mercer, TREB Senior Manager of Market Analysis
September 17, 2010
2. The Canadian economy continues to grow, albeit more slowly
Canadian Real GDP, Quarterly
Annualized Quarter-Over-Quarter Per Cent Change
8%
6%
4%
2%
0%
-2%
-4%
-6%
-8%
Source: Statistics Canada
Toronto Condo Network September 17, 2010
3. Job growth continues in Canada and the GTA…
Toronto CMA Employment (All Industries)
Seasonally Adjusted
3,000
2,800
Thousands
2,600
2,400
2,200
Source: Statistics Canada
Toronto Condo Network September 17, 2010
4. …but the unemployment rate remains high
Toronto CMA Unemployment Rate
Seasonally Adjusted
11.0
10.0
9.0
8.0
7.0
6.0
5.0
4.0
Source: Statistics Canada
Toronto Condo Network September 17, 2010
5. Bank of Canada has increased its target for the Overnight Rate
Key Interest/Mortgage Rates Average 5-Year Fixed Mortgage Rate
Prime Rate
8% Target for Overnight Lending Rate
6%
4%
2%
0%
Source: Bank of Canada
Toronto Condo Network September 17, 2010
6. Bank of Canada has increased its target for the Overnight Rate
“Economic activity in Canada was slightly softer in the
second quarter than the Bank had expected, although
consumption and investment have evolved largely as
anticipated. Going forward, consumption growth is
expected to remain solid and business investment to rise
strongly.”
- Bank of Canada, September 8, 2010
(http://www.bankofcanada.ca/en/fixed-dates/2010/rate_080910.html)
Toronto Condo Network September 17, 2010
7. Where does the market think rates are going?
Canadian Government of Canada Bill/Bond Yield Curve
Spot and Derived Forward Rates Longer-Term Rates: Less than half a
percentage point (50 basis points) for
3.50% Short-Term Rates: Market the five year bond.
pricing in two to three
3.00%
additional hikes by the end
Bill/Bond Yield
2.50% of 2011
2.00%
1.50% Dec-11
1.00%
Dec-10
0.50%
0.00% September 14, 2010
Source: Bank of Canada; TREB Forward Rate Calculations
Toronto Condo Network September 17, 2010
8. Sales have come off record highs…should rebound, but no new records
GTA Sales Trend (Annualized Rate)
120,000
Long-term sales Forecast
trend based on
100,000
population growth
80,000
60,000
40,000
20,000
1995Q1
2001Q1
2008Q1
1987Q1
1988Q1
1989Q1
1990Q1
1991Q1
1992Q1
1993Q1
1994Q1
1996Q1
1997Q1
1998Q1
1999Q1
2000Q1
2002Q1
2003Q1
2004Q1
2005Q1
2006Q1
2007Q1
2009Q1
2010Q1
2011Q1
Source: Toronto Real Estate Board
Toronto Condo Network September 17, 2010
9. What does this mean for condo apartment sales?
Condo Apt. Share of Total Sales
2010 Average
Summary of Condominium Apartment Sales
Annualized Trend
24%
30,000 Forecast
25,000
20,000
15,000
10,000 Share of Total Condo Apt.
Sales by TREB Region
5,000
0
West
1998Q1
1999Q1
2000Q1
2001Q1
2002Q1
2003Q1
2004Q1
2005Q1
2006Q1
2007Q1
2008Q1
2009Q1
2010Q1
2011Q1
1993Q1
1994Q1
1995Q1
1996Q1
1997Q1
31%
Central
45%
North
Source: Toronto Real Estate Board
9%
East
15%
Toronto Condo Network September 17, 2010
10. Condo Apartment Share of Total Sales by TREB Region
16%
Central East
60%
Districts Districts
11%
19%
North West
Districts Districts
Toronto Condo Network September 17, 2010
11. Is the current price level cause for concern?
Average GTA Selling Price
$500,000 Real Average Price
Average Price
$400,000
$300,000
$200,000
$100,000
$0
Source: Toronto Real Estate Board
Toronto Condo Network September 17, 2010
12. The average home remains affordable in the GTA
TREB Affordability Indicator
Share of Average Household Income Used for Mortgage Principal and Interest,
Property Taxes and Utilities on the Averaged Priced GTA Resale Home
55%
50% Assumes 20 per cent down payment, average five-year
fixed mortgage rate, 25 year amortization period and the
45% average household income in the GTA
40%
35%
30%
25%
Source: Toronto Real Estate Board Data and Calculation; Statistics Canada
Toronto Condo Network September 17, 2010
13. Based on GDS rule of thumb, the average GTA home price is affordable
Average vs. Justified Selling Price in GTA
450,000
Justified Average Selling Price based
on 32 per cent GDS
350,000 Actual Average Price
250,000
150,000 Shaded areas represent periods when, based on the
32% GDS rule of thumb, a mortgage on the average
priced home was not affordable
50,000
2010 YTD
1986
1987
1988
1989
1990
1994
1995
1996
1997
1998
1999
2003
2004
2005
2006
2007
2008
1991
1992
1993
2000
2001
2002
2009
Source: Toronto Real Estate Board
Toronto Condo Network September 17, 2010
14. Condo Apartment Price Trend by TREB Region
Median central
Median GTA Condo Apartment Prices condo prices close
$375,000 to GTA median for
All Housing Types, All Areas
Central
ALL home types
$325,000 Condo Apartments, All Areas
North
$275,000 West
East
$225,000
$175,000
$125,000
$75,000
Source: Toronto Real Estate Board
Toronto Condo Network September 17, 2010
15. Active listings for condo apartments have increased
Condominium Apartment Completions and
MLS® Active Listings (Annualized Trend)
30,000
Completions Active Listings
25,000
20,000
15,000
10,000
5,000 Regardless of the number of condo apartments under construction, 15,000
completions per year appears to be the upper threshold.
0
Source: Toronto Real Estate Board; CMHC
Toronto Condo Network September 17, 2010
16. Increased listings could impact future price growth
Condominium Apartment Sales-to-Active Listings Ratio and
Median Price Growth (All Areas)
70% Annual Median Price Change (Right Scale) 25%
Annual Median Price Growth
60% Sales-to-Active Listings Ratio (Left Scale) 20%
Sales-to-Active Listings ratio
50% 15%
40% 10%
30% 5%
20% 0%
10% -5%
0% -10%
Source: Toronto Real Estate Board
Toronto Condo Network September 17, 2010
17. Summary Points
• The pace of economic recovery has slowed (not stalled). The
Bank of Canada has more flexibility with the direction of interest
rates. The market consensus is for fewer rate hikes than originall
expected through the end of 2011.
• The average price level, on its own, does not tell us whether or
not home prices will fall. Historically the best determinant of
price growth or decline has been affordability. Right now
affordability remains in check, thus the current average selling
price is justified.
• The condo apartment market has tracked trends in the market as
whole quite closely. The one wildcard for condos is new
apartment completions, but the apparent ceiling on the number
of completions each year will help mitigate the risk of a flood of
listings into the market.
Toronto Condo Network September 17, 2010