The Real Estate Magazine
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Step into the world of real estate with unparalleled insights into the international and Toronto markets. Experience cutting-edge design, explore lifestyle trends, and immerse yourself in a curated collection of stories that inspire, inform, and elevate your property passions. Welcome to The Real Estate Magazine – where every detail is crafted to perfection.
Market Watch | December and 2018 Statistics Released
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.
Museums, Acquisitions and Artists of Color, Why Now is the Time for Change
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.
2018 Year End Top Tier Real Estate Report
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.
Bank of Canada announces interest rate decision
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”.
Toronto's Safest Neighbourhoods
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.
New & Notable Luxury Properties for Sale | January 2019
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.
7 Tips to Warm Up Your Home in the Winter
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 Canada
Photographer David Drebin Defines "Home"
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.
Mexico City For Art Lovers
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.
The Collector’s Edition | Caring for Your Private Art Collection
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.
High Fashion Meets Hospitality
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.
Chef Jason Bangerter & Langdon Hall's Culinary Collaboration
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.
Mood Board | Scandinavian Design
Minimalism, functionality, comfort: these are the tenets of Scandinavian design. A trend that continues to grow in popularity, this movement of pared-back warmth and tasteful natural details calls to homeowners the world over, and manages to evoke reserved beauty without becoming stodgy. Whether it’s storage that doubles as décor or rooms that mirror soothing galleries, the best of Nordic design invites your eye to rest and consider.
A Sunday in Miami and The Beaches
Sundays are sacred. Whether you spend the day exploring local art and architecture, browsing market stops, or indulging in culinary delights, there’s no denying the seventh and final day of the week is reserved for discovery as a ritual. This Sunday, we explore the best of Miami.
Discover New Eco-Luxury Experiences in Belize
Traveling is about more than finding relaxation and getting away from it all—it’s also about connecting with a new place and striking a balance between adventure and serenity. With the advent of eco-luxury travel, which prioritizes environmental sustainability while maintaining a standard of high-quality experiences, there’s never been a better time to engage with the world’s history and culture. Belize has become a top spot for eco-conscious travel, in large part due to the country’s efforts to protect the Caribbean coastline
and the Belize Barrier Reef.
A Taste of What's Coming for New Restaurants Worldwide
From a modern Thai restaurant in Hong Kong to a New York favorite with a new home in Los Angeles, here are some of the fall's most-anticipated openings around the world.
Digital Detox | 4 Healing Holiday Destinations
The average employee receives 121 emails per day—just shy of 32,000 per year. It’s no wonder this staggering number has leading psychologists urging us to put away our phones. But as nice as a digital detox sounds in theory, it isn’t always the easiest to execute. Cue the wellness retreat: healing destinations designed to help the mind and body escape the stressors of everyday life. With different centers specializing in everything from ancient ayurvedic medicine to cutting-edge relaxation technologies—often in a stunning natural environment—a digital detox suddenly becomes not just enjoyable, but a deeply gratifying experience. Below, four destinations that make the case for putting down the phone.
2019 Pantone Color of the Year | Living Coral
Pantone®, the global authority on all things color, has named a new Color of the Year for 2019: PANTONE 16-1546 Living Coral. On the surface, its lively effervescence evokes both lighthearted playfulness and bold self-expression. But it’s worth diving a little deeper to really appreciate this rich, thought-provoking shade.
Naomi Campbell, Bill Gates, and Larry Gagosian Converge to Supercharge Sotheby’s $10.5 Million (RED) Charity Sale in Miami
It has been five years since the last Sotheby’s “(RED)” auction, the initiative founded by musician and activist Bono and artist Damien Hirst to raise money for the fight against AIDS. Judging from last night’s star-studded event at the Moore Building in Miami’s Design District, there was plenty of pent-up demand for another charity sale, albeit a high profile one with with plenty of glitz, perfectly timed to coincide with the height of Miami Art Week madness.
Louix Lous at The St. Regis Toronto
LOUIX LOUIS | Soaring high amongst the skyscrapers of downtown Toronto, LOUIX LOUIS grand bar and restaurant is located on the hotel's 31st floor. A mystical and alluring place to enjoy forgotten classics and rediscover the lost charm of conversation.