Richard Silver

Downtown Toronto Category

Toronto Real Estate: Are Prices Really Up?

Had some thoughts on Real Estate pricing that I wanted to share with you. Lots of discussion always on prices going up or down and what it all means especially when the interest rates have so much effect on affordability today. Let's start a bit of discussion: Is the same house worth more today than three years ago and will it be worth more or less in another year...will low interest rates allow buyers to pay more giving the illusion that house prices...Continue Reading...

Carl Orbach QC, LLB, BA Mayor of Cabbagetown and a lovely man!

Very Sad News for Cabbagetown. A strong supporter of the Cabbagetown Community and all around good guy passed away yesterday and will be buried tomorrow. For years he led the Old Cabbagetown Business Improvement Area and worked tirelessly for the Community. Sadly since retiring a couple of years ago, he has been ill. Even through the pain, he had a great laugh and loved a good story. There are and will be few of the caliber of Carl Orbach...sleep well wonderful...Continue Reading...

The Kindle is Coming! The Kindle is Coming!!!

Over the past six months, I have been lucky enough to be part of a "Kindle Group" of 6 people. That means that the six of us can share whatever books are downloaded to the Kindle Account that we have access to...thanks to our friend Teri, who lives in the US. For copyright reasons, the Amazon Kindle has not been available on the Amazon.ca web site but we have been lucky enough to travel to the United States a couple of...Continue Reading...

Toronto Real Estate Board Reports Strong Growth in October.

TORONTO, November 4, 2009 - In October 2009, Greater Toronto REALTORS® reported 8,476 sales, up 64 per cent from October 2008. The average price for October transactions was $423,559 – up by 20 per cent compared to the same month last year. "Strong sales growth has occurred across many property classes – from price ranges that would attract first-time buyers to luxury properties selling for over one million dollars," said TREB President Tom Lebour. “The highest rate of sales growth in October...Continue Reading...

Jason Mercer of the Toronto Real Estate Board Speaks at the Toronto Condominium Network.

Last Friday, Jason Mercer, Senior Market Analyst at the Toronto Real Estate Board, spoke at the Toronto Condominium Network. Here is the pdf. Slideshare of what was presented. Feel free to contact me for any explanations that you might need. There is lots of great Information here... Jason Mercer Condo Network October 30 2009View more documents from Richard Silver.Continue Reading...

Canadian Real Estate: Lack of Inventory Puts Upward Pressure on Pricing.

Here are some important statistics that were made available by the Canadian Real Estate Association that highlight housing inventory for sale in Canada, Ontario and within the Toronto Real Estate Board. These figures point to a distinct lack of inventory at present in all areas but especially in the Greater Toronto Area. It makes it a great time for Sellers to sell but conversely difficult for Buyers to find property. Hopefully this will loosen up over the next few months but...Continue Reading...

Canadian Real Estate Association Releases New Update

Here is the latest market report from the Canadian Real Estate Association. Take a look at the highlighted portion below as it points to a striking lack of inventory for Purchasers...but means it is a great time for Sellers to put their homes on the market. From my understanding, in a "Normal" market the inventory is about six months. OTTAWA – October 15th, 2009 – National resale housing activity climbed to the highest level of any third quarter on record. Actual (not...Continue Reading...

Toronto Real Estate Board Housing Market Charts for September 2009

Here is lots of good information to help put the Toronto Real Estate Market in context: Sales are up and listings are down which makes it a good time to list properties for sale. Toronto Real Estate Board Housing Market Charts September 2009View more documents from Richard Silver.Continue Reading...

TORONTO REALTORS® REPORTING SEPTEMBER RESALE MARKET FIGURES

TORONTO, October 5, 2009 - In September 2009, Greater Toronto REALTORS® reported 8,196 sales, up 28 per cent from September 2008. The average price for Septembertransactions was $406,877 – up by 10 per cent compared to the same month last year. "We have experienced an increasing rate of existing home price growth in the GTA as sales have continued to outpace 2008 results," said TREB President Tom Lebour. "Consumers have remained confident in ownership housing as a long-term investment." Year-to-date sales, at...Continue Reading...

Toronto: Cabbagetown’s Nuit Blanche, Saturday October 3rd, 2009

Click on Full to view and press "Esc" to minimize. Cabbagetown Nuit Blanche MapView more documents from Richard Silver.Here is your map for Cabbagetown Nuit Blanche! This Saturday Oct. 3 from dusk (8:00) till dawn For one sleepless night, experience Cabbagetown transformed by 14 artists. Discover art in parks, alleyways, on streets, in parking lots and unexpected places. One night only. All night long. * Ride the “Paint Bike” down a 40’ canvas * Kissing robots * Dance * Watch Magic Lantern shows * Experience your human energy field * Interactive...Continue Reading...