■Average Price Over The Last 5 Years

Sales and Average Price (2010 to 2014)                                                                 *as of October

		2010	2011	2012	2013	2014 *
Detached （一戸建て）	Sales　 （総売上物件数）	11,543	11,768	11,143	11,114	10,389
	Average Price （平均販売価格）	$670,345	$726,444	$790,614	$842,599	$929,588
Condo Apt. （コンドミニアム）	Sales　 （総売上物件数）	15,111	15,907	13,930	14,165	13,431
	Average Price （平均販売価格）	$331,647	$355,298	$358,978	$367,676	$385,372

                                                                                                                                                                                               

Average Price Increase (%)                                                                                             *as of October

	2010-2011	2011-2012	2012-2013	2013-2014*	Average Increase (2010 to 2014)
Detached （一戸建て）	8.37%	8.83%	6.58%	10.32%	6.82%
Condo Apt.　 （コンドミニアム）	7.13%	1.04%	2.42%	4.81%	3.08%

                                                                                 
                                                                                                       

                                                     

                                                                                                                  

Source: www.torontorealestateboard.com

■Christmas Shopping

Where do you go Christmas Shopping?

One of my favourite stores in Toronto for a Christmas Shopping is Williams-Sonoma because they provide a free gift wrapping service and they always deliver it perfectly. I believe a beautifully wrapped gift heightens the anticipation of the person opening it.

This Williams-Sonoma on Bloor Street will vacate the storefront space sometime in 2015 in the face of “the rising costs of real estate in this area” said a spokesperson for the home-furnishings chain. It means that more high-end stores are on the way!


This year my husband, Bill and I are planning to go Christmas Shopping in Buffalo and here is our itinerary:

HomeàLewiston–Queenston BridgeàFashion Outlets:

Fashion Outlets
1900 Military Road, Niagara Falls, NY 14304
www.fashionoutletsniagara.com


Fashion OutletsàLunch at Chipotle Mexican Grill near Walden Galleria:

Chipotle Mexican Grill
1717 Walden Ave., Cheektowaga, NY 14225
www.yelp.ca/biz/chipotle-mexican-grill-cheektowaga
Note: Try Burrito Bowl with white rice, black beans and grilled chicken! 


Chipotle Mexican GrillàWalden Galleria:

Walden Galleria
1 Walden Galleria, Buffalo, NY 14225
www.waldengalleria.com
Note: When you shop at Macy’s and/or Lord and Taylor, you could get another 10-15% savings if you mention that you came all the way from Canada!

Walden GalleriaàPeace BridgeàHome

Happy Holidays!


Reference: http://www.thestar.com/business/real_estate/2014/08/11/williamssonoma_pottery_barn_to_leave_bloor_st.html

■The Eglinton Crosstown-The Big Move

Currently The Biggest Project in North America

The Crosstown is an enormous infrastructure project – currently the biggest project in North America and the most significant transit undertaking in the history of the region. It is a light rail transit (LRT) line that will run across Eglinton Avenue between Mount Dennis (Weston Road) and Kennedy Station. This 19-kilometre corridor will include a 10-kilometre underground portion, between Keele Street and Laird Drive. Construction is currently underway and the Crosstown service will begin in 2020!

Reference: http://thecrosstown.ca

■Getting Ready for Snow

Winter is here! Homeowner’s must haves, Alaskan Ice Melter (10kg) is only $5.49. Great Deal! We bought ten of them and now we are ready for snow.

Reference: http://natsmilis.blogspot.ca/2014/02/homeowner-must-haves.html

■Market Watch-November, 2014

October 2014 Sales & Average Price Up Year-Over-Year

November 5, 2014 -- Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 8,552 sales through the TorontoMLS system in October 2014. This result represented an increase of 7.7 per cent compared to October 2013. New listings were also up on a year-over-year basis, but by a lesser 3.4 per cent.

“Strong growth in sales was evident across all major home types during the first full month of fall. This suggests that there are a lot of households across the Greater Toronto Area who remain upbeat about the benefits of home ownership over the long term, whether we’re talking about first-time buyers or existing home owners looking to change their housing situation,” said Mr. Etherington.

The average selling price for October 2014 transactions was $587,505 – up 8.9 per cent compared to the average of $539,286 reported for October 2013. The MLS® HPI composite benchmark price was up by 8.3 per cent over the same period. Low-rise home types, including singles, semis and town houses, continued to be the driver of year-over-year growth in the average price and the MLS® HPI composite benchmark.

“While sales growth has tracked strongly so far this fall, many would-be home buyers have continued to have difficulties finding a home due to the constrained supply of listings in some parts of the Greater Toronto Area, particularly where low-rise home types are concerned. The resulting sellers’ market conditions are forecast to drive strong price growth through the remainder of 2014 and indeed into 2015 as well,” said Jason Mercer, TREB’s Director of Market Analysis.


11月マーケットウォッチ略訳
■数字で見る2014年10月
総売上物件数：　8,552件　（前年同期に比べ約7.7％増加）
平均販売価格：　587,505ドル　（前年同期に比べ約8.9％増加）

■要訳
秋に入っても売上高に強い伸びが記録されている一方、たくさんの住宅購入予定者は低層タイプの家が多く集中するエリアの売り物件数不足のため引き続き家を見つける難しさを感じています。結果として見られる売り手市場の状況が、２０１４年残りと２０１５年に同様の強い価格の成長を牽引すると予測されています。

Source: www.torontorealestateboard.com