Archive for October, 2016

Introducing INSIGHT: The Art of Living

By SIRC

When we embarked on the journey of creating INSIGHT: The Art of Living, we wanted to connect our clients and readers to unique perspectives, extraordinary experiences and thought-provoking ideas that would inspire lives lived more deeply, richly and imaginatively.

Every issue of Sotheby’s International Realty Canada’s new magazine unlocks exclusive cultural, lifestyle and business intelligence from our global network of experts and connoisseurs, each shaping international tastes and local trends. From these luminaries of business, architecture, art, culture, gastronomy, travel and real estate, we reveal insightful gems with the intention of sparking your desire to seek out new and authentic experiences, …read more

Source: Introducing INSIGHT: The Art of Living

State Of The Market: Toronto

By SIRC

Soaring demand and heated bidding wars propelled the Greater Toronto Area real estate market to new heights in 2016. The benchmark price for residential real estate was up 17 per cent year-over-year in the region, and the price of a detached home in the city of Toronto now tops $1.2 million, up over 20 per cent from a year ago.

As the performance of the region’s top-tier market continues to eclipse that of other major Canadian cities, we sat down with John Poole, VP Ontario Brokerage and Broker of Record of Sotheby’s International Realty Canada, to discuss the state of the …read more

Source: State Of The Market: Toronto

State Of The Market: Montréal

By SIRC

Following years of political uncertainty that reverberated through Montréal’s real estate market, renewed confidence following the provincial election of a Liberal majority government in the spring of 2014 led to an upswing in the city’s top-tier real estate market. Since then, the market has reflected consistent gains and relative stability.

We sat down with Sylvain Thibault, managing broker of Sotheby’s International Realty Québec to discuss the state of the top-tier real estate market heading into fall 2016.

The Montréal real estate market has maintained a healthy balance over the past few years, especially compared to markets such as Toronto and Vancouver, which …read more

Source: State Of The Market: Montréal

State Of The Market: Vancouver

By SIRC

Soaring demand and heated bidding wars propelled the Vancouver real estate market to new heights in 2016. The benchmark price for residential real estate was up over 30 per cent year-over-year, and the benchmark price for a detached home on Vancouver’s west side now exceeds $3.5 million – up a staggering 190 per cent from a decade ago.

With speculation that the introduction of a 15 per cent tax on foreign purchasers of residential real estate might cast a chill on the city’s housing market, we sat down with Polly Cordwell, managing broker of Sotheby’s International Realty Canada in Vancouver …read more

Source: State Of The Market: Vancouver

State Of The Market: Calgary

By SIRC

For over a decade, a robust energy sector, competitive business environment and inherent entrepreneurial spirit fuelled relentless growth in Calgary’s real estate market, and record-setting sales in its luxury segment.

Mary-Ann Mears, managing broker with Sotheby’s International Realty Canada in Calgary.

Since the fall of oil prices in 2014, continued volatility has taken a heavy toll. With uncertainty challenging the city, we sat down with Mary-Ann Mears, managing broker of Sotheby’s International Realty Canada in Calgary to discuss the state of Calgary’s top-tier real estate market heading into fall 2016. Alberta has experienced more than its fair share of economic …read more

Source: State Of The Market: Calgary