“So many people reference Dior. He’s one of those people in fashion: everybody knows who he is, everybody knows the silhouette he created,” says Oriole Cullen, the curator of Christian Dior: Designer of Dreams, a major new exhibition at London’s V&A museum devoted to the influential French fashion designer and the powerhouse he left behind. The retrospective is the biggest Dior show ever staged in the UK, and one of a string of exhibitions around the world that reveal Dior’s extraordinary popularity right now.Read More
Market Watch | January 2019 - TREB President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB's MLS® in January 2019 – up by 0.6 per cent compared to January 2018. On a preliminary seasonally adjusted basis, sales were up by 3.4 per cent compared to December 2018.Read More
A new report released today by Mustel Group and Sotheby’s International Realty Canada highlights the impact of escalating costs of living on young families across the country’s major metropolitan real estate markets. The report sheds light on the financial challenges faced by urban Canadian families, including the decision between saving for a home versus saving for retirement, and provides insight into how those obstacles are being overcome.Read More
Lighting and shelter are often intertwined, as they evoke the warmth and familiarity of home — the porch light as a welcoming beacon or, perhaps, seen from the street through the windows, a glow hinting at the lively gathering inside.
Evocative as it is, lighting design has been garnering more appreciation recently. “While lighting will always be an essential product in both residential and commercial applications, it’s morphing into a powerhouse category of its own,” says Karen Kang, national director of the Interior Design Show (IDS), which showcases innovative new products and design concepts in Canada and beyond. “Canadian creatives, such as Matthew McCormick, Anony and Guillaume Sasseville, are making a significant impact on the world stage where they’re presenting lighting, not just as a necessary form but [also] re-imagining it with technology, provenance and design that push the boundaries of innovation.”Read More
The Marco Chiappetta Group at Sotheby’s International Realty Canada continues to represent the most extraordinary homes in Canada, and our network represents some of the most significant homes and clientele in the world. Over the next week, we will once again be featuring properties from our Sotheby’s International Realty network to showcase our global offering.Read More
Some of the most desirable buildings in Toronto have a luxury hotel brand attached to them. By some measures there are four preeminent luxury hotel brands in Toronto. The Ritz-Carlton, The Four Seasons, The Shangri-La and now The St Regis are buildings which have become icons in our city. We have often found these four buildings are not only popular destinations for local Torontonians looking to downsize, but they are also very popular with foreign buyers looking to make Toronto their home or at the very least one of their homes.Read More
Canada's largest real estate board is calling on Ottawa to revisit whether a stricter mortgage stress test introduced last year is still needed, arguing that the policy has negatively impacted the economy and Toronto's once red-hot housing market.
"While we saw buyers return to the market in the second half of 2018, we have to have an honest discussion on whether or not today's homebuyers are being stress tested against rates that are realistic," said John DiMichele, chief executive of the Toronto Real Estate Board (TREB) in a statement Wednesday.Read More
Have you ever heard a buyer complain about the wall color in your listing or wonder if the living room could accommodate their furniture? How many times have you had a listing that desperately needed staging, but lacked the time or budget to get the job done?
It would be fantastic if every buyer had the vision to overlook a property’s shortcomings, and every listing agent could physically stage each home in their catalogue. But where this combination is unlikely, tools like augmented reality (AR) and 3D virtual tours can help navigate challenges and clear the way for sales.Read More
Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a total of 77,426 residential transactions through TREB's MLS® System in 2018. This result represented a 16.1 per cent decline compared to 92,263 sales reported in 2017. Total new listings entered into TREB's MLS® System were down by 12.7 per cent over the same period to 155,823.
The overall average selling price for 2018 transactions, at $787,300, was down by 4.3 per cent year-over-year for all home types combined across the TREB market area.Read More
New research finds that African-American artists are still underrepresented in US museums. Charlotte Burns and artnet News’ Julia Halperin dig into the data.
As a child growing up in Alabama in the 1950s and 1960s, Jack Whitten was not permitted inside his segregated local museum in Birmingham. Last year the late artist was the subject of a major exhibition at the Met Breuer in New York. Its title, aptly, was Odyssey: Jack Whitten Sculpture 1963–2017.Read More
According to a report released today by Sotheby’s International Realty Canada, Eastern Canada’s major metropolitan areas led the nation in top-tier real estate performance in 2018, as Western Canadian markets buckled under pressure from local stressors ranging from taxation and regulatory interventions in Vancouver, to strained economic conditions in Calgary. Buoyed by population gains and steady economies, sales over $1 million in the Greater Toronto Area (GTA) strengthened over the course of 2018, while Montreal’s luxury real estate market posted new records. Vancouver and Calgary’s top-tier real estate markets retreated further into buyers’ market territory, as excess supply overtook consumer demand. Across the country, markets continued to face headwinds of rising interest rates and tightened mortgage guidelines.Read More
Bank of Canada announces interest rate decision | The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming months. Before long, however, the central bank expects the economy to expand with renewed vigour. More rate hikes, it stressed, will be necessary “over time”.Read More
Toronto's Safest Neighbourhoods | Frequently called one of the world’s most livable cities, Toronto ranks high on lists of the most desirable cities for many reasons. Not only is it one of the most walkable cities in Canada, it’s also one of the safest, despite having a population of 2.7 million people (with 5.9 million residing in the Greater Toronto Area, or GTA). If you’re looking for a new neighbourhood to discover, for a visit or for a forever home, your personal safety and the safety of your loved ones is a high priority. These areas have been ranked as some of the most secure neighbourhoods in Toronto, making them a great place to start looking when deciding where to reside.Read More
New & Notable Luxury Properties for Sale | January 2019 : From a sprawling rural estate in Australia to a historic castle in Belgium, these are this month’s four featured notable properties for sale.Read More
7 Tips to Warm up your Home in the Winter | Imagine, if you will, the perfect winter home. What does it look like? Is it a classic colonial with a foot of snow on the roof and smoke spiralling from the chimney? Perhaps the interior is crisp and bright, with sunshine streaming through the windows, blankets to warm cold toes, and a hot drink steaming on the stove. - Sotheby’s International Realty CanadaRead More
Photographer and multidisciplinary artist David Drebin on the transitory nature of home. When we speak on the phone, David Drebin is at home, sort of. It is early July and the New York–based photographer and multidisciplinary artist is spending the summer in Toronto, where he was born and raised. But, he stresses, he is not here for R&R, taking it easy or chilling. “I don’t really relax and unwind, or take a break, because I love what I do,” he says. He’s working on post-production in Canada. Then he hits the road again.Read More
Mexico City has long been a center for the arts, but it has recently grown into a global destination for culture. For the past decade, the city’s contemporary art scene has rivaled the rigorous programming and sophistication of European and North American destinations, says Anna Di Stasi, director of Sotheby’s Latin American art department.Read More
Filling your home with art is both a way of expressing yourself and curating the mood and atmosphere of your space. Think of your home as your own gallery, a blank slate with endless possibilities to surround yourself with artwork that inspires. Perhaps you consider your art collection in a methodical way, procuring only a few pieces to fill white walls in need of a focal point; or maybe you’re an art lover, eager to diversify your collection with oil paintings and sculptures alike. No matter your goals or methods, collecting and displaying art in your home is a personal endeavor, but there are a few things to keep in mind once you have an established collection.Read More
Bulgari recently opened a state-of-theart Shanghai hotel, a new addition in its stable of seven properties that have helped expand the high-end jewelry company’s footprint. But Bulgari isn’t the only luxury brand getting into the hospitality business. Baccarat, Armani, and Versace all have hotels with their names on them. And prepare yourself to see more: Bulgari reportedly has plans for another 15 additions—with future outposts in Moscow, Tokyo, and Paris—joining a list of locations that includes Dubai, Bali, and London in addition to the original Milan hotel.Read More
It happens every time I wind my way up the magical driveway to Langdon Hall Country House Hotel & Spa, in Cambridge, Ontario. I experience equal parts excitement and relief. Or a physical reaction that is the opposite of an adrenaline rush. That, and the anticipation I’m about to enjoy a food experience that rivals those I’ve had in gastro-centres in Paris, London, Rome, Burgundy and San Sebastián.Read More