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INVEST IN YOUR DREAMS
July 20th, 2019 
Chaim Talpalar
416.804.0991

Sales Representative

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FEATURED PROPERTY: 8 GLENAVY LANE
SUN SHINES ON THE MARKET

This year’s active spring market has continued its strong pace. The Toronto Real Estate Board released the housing figures for May and with 9,989 sales reported, there was an 18.9% increase in sales volume over the same period last year. Though the jump is dramatic, it should be noted that May 2018 represented a 15-year low and that sales were still slightly off the 10-year-average for May, which is just under 10,300.
 
The average price of all transactions rose to $838,540, representing a year-over-year gain of 3.6%. The MLS Home Price Index (HPI) Composite benchmark, which is a more accurate indicator of inflation in the market, was up 3.1%. New listings rose 0.8% year-over-year to 19,386 – well below the rate of sales – representing a further tightening of supply in the GTA. With that in mind, expect upward pressure on prices as buyers compete for limited housing stock. There is currently a two month supply in the GTA, down from 2.5 months a year ago.

READ MORE . . .

SOURCED FROM TREB MAY 2019 FOR CENTRAL TORONTO. FOR STATISTICAL USE ONLY.

 

PAVED PARKING LOT, PUT UP A PARADISE

What we can learn from Toronto's Berczy Park

The newly revitalized Berczy Park opened last summer, creating an iconic park at the threshold of three iconic neighbourhoods: St. Lawrence, the Old Town, and the Financial District. Once thought of as places to escape urban life, city parks are now helping to define the experience of living in a busy city.
 
With the important role that park land has in creating healthy cities, landscape architects and city planners need to get it right. To ensure the successful design of Toronto’s future green space, here are some invaluable lessons learned from Berczy Park, the little downtown park that’s making a big impact.

READ MORE...
 

WHAT'S HAPPENING - JUNE 219

 
NXNE MUSIC AND GAMING FESTIVAL
JUNE 7–16 
10 day summer festival featuring music, gaming, conferencing, installations, parties and much more!
 
LUMINATO ART FESTIVAL
JUNE 7–23
 Toronto's international festival of arts and ideas with 10,000 artists from 40 countries and a million visitors.
 
TORONTO CRAFT BEER FESTIVAL
JUNE 21–23
 Celebrating independent craft brewers at Ontario Place. Featuring a wide variety of finely made craft beers, ciders and food.
 
TD TORONTO JAZZ FESTIVAL
JUNE 21–30 
One of North America’s premier jazz festivals including more than 350 performances at over 40 locations around Toronto.
 

HARVEY KALLES REAL ESTATE LTD., BROKERAGE
#1 office in the GTA in dollar value and number of units sold*

416.441.2888
www.harveykalles.com  |  info@harveykalles.com

*Avenue Road Office.  Source:  IMS 2018
Over $2.5 billion in sales volume, 2018

CENTRAL  2145 Avenue Road, Toronto
YORKVILLE  113 Davenport Road, Toronto
MIDTOWN  532 Eglinton Avenue West, Toronto
BLOOR WEST 2316 Bloor Street West, Toronto
MUSKOKA  1A Lee Valley Drive #6, Port Carling
LAKE OF BAYS  13 Minerva Street East, Hunstville

CLICK HERE TO SEE OUR CURRENT LISTINGS
 
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