Discover the latest insights on the Greater Toronto Area (GTA) housing market in our November 2024 Market Watch report. Learn about the significant surge in home sales, price trends, and market conditions. Get expert analysis from TRREB leadership and stay informed about the proposed rate cut for December, including the odds of a 25 bps or 50 bps cut. Stay ahead of the market trends and prepare for a promising 2025 with our comprehensive report.

When it comes to Toronto real estate, few properties epitomize luxury and sophistication like The Residences of the Ritz-Carlton. Located at 183 Wellington Street West, this iconic building blends world-class amenities with an unrivaled living experience. Whether you’re looking for a full-time residence or a place to call home during your visits to the city, the Ritz-Carlton Residences offer a living standard that stands out in the Toronto skyline.

The October 2024 Greater Toronto Area (GTA) real estate market showed strong year-over-year growth, driven by a surge in home sales and increased buyer activity due to the Bank of Canada’s interest rate cuts. With GTA REALTORS® reporting a 44.4% rise in sales compared to October 2023 and a slight uptick in average home prices, market conditions have tightened, creating a more competitive landscape. New listings increased modestly, providing choices for buyers but keeping price growth moderate. Explore how improved affordability, economic trends, and policy measures are shaping the GTA housing and condominium markets.

Greater Toronto Area (GTA) home sales surged in September 2024, marking an 8.5% increase from the previous year as buyers capitalized on favorable market conditions. The Toronto Regional Real Estate Board (TRREB) reports changes in mortgage lending guidelines and lower borrowing costs have sparked renewed interest in homeownership, especially among first-time buyers. With new listings up 10.5%, buyers now have more negotiating power, resulting in moderate price adjustments. Discover key insights into the GTA’s evolving real estate market, including economic indicators, interest rates, and market recovery trends.

The Toronto Regional Real Estate Board (TRREB) welcomes the changes to mortgage rules announced by Deputy Prime Minister and Minister of Finance Chrystia Freeland.

TORONTO, ONTARIO, September 5, 2024 – Greater Toronto Area (GTA) home sales were down on a year-over-year basis in August 2024. New listings were up slightly over the same period.

July 4, 2024 – June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB).

Dive into the world of Toronto's luxury hotel residences, where architectural grandeur meets an unparalleled lifestyle of indulgence. From the meticulous services of dedicated concierges to gourmet dining experiences, these iconic establishments—Ritz-Carlton, Four Seasons, St. Regis, and Shangri-La Residences—offer not just a place to live but an exquisite lifestyle. It's an everyday escape into opulence, where every moment is crafted to perfection, making Toronto not just a city to reside in but a realm of regal luxury.

As part of its commitment to tackle Ontario’s housing crisis by prioritizing Ontario families and homebuyers, the government is increasing the Non-Resident Speculation Tax rate to 20 per cent, closing loopholes to fight tax avoidance and expanding the tax to apply provincewide effective March 30, 2022.

Luxury is an experience, not a price point. We strive to uphold exceptional standards in every aspect of our services and take great pride in our national team of professional and specialized agents. Whether you’re planning on buying or selling a home, our commitment at Sotheby’s International Realty Canada remains the same: we deliver exemplary marketing and service to every client, regardless of a home’s neighbourhood or price range. f you’re considering buying or selling a home, here are at least 10 advantages of working with us.

Forest Hill Private Residences is located at 2 Forest Hill Road in the beloved midtown Toronto neighbourhood of Forest Hill. This limited collection of private residences range in size from 961 square-feet to 2,400+ square-feet and are complemented with 10-foot ceiling heights and over 6,500 square-feet of indoor and outdoor amenities.

Sotheby’s International Realty is pleased to announce the release of its inaugural 2021 Luxury Outlook report which examines high-end residential markets across the globe in the wake of the Covid-19 pandemic. The comprehensive report provides insight into the world’s top primary and secondary markets and the anticipated wealth trends that will drive discretionary investment in the coming months.

New York penthouses lead the list of the world’s most expensive and rarest properties. Barely a hundred penthouses number amongst the more than 2,300 upscale NYC apartments currently up for sale. And the prices for these properties are no less astonishing than the views from their terraces; the most expensive penthouse available in New York today is listed for $90M, and 50% of the rest lie within the $30M-75M range.

The surrounding city lights, fine dining on your doorstep, and a short commute to the financial district—condominium living is chock-full of conveniences. But when it comes time to refresh your space or put it on the market, it can be a challenge to know where to focus your efforts. For those looking for a return on investment, these condo upgrades are worth the effort.

You may have visited a city a dozen times, spending countless hours meandering its museums, markets, cafés and parks. But to explore a place when the sun sets — as it comes alive in a whole different way — is to see it for the first time all over again. From the rooftops of Dubai to the operas of Berlin, discover some of the world’s best nightlife.

For the home of a beloved thespian to provide space for performing and dancing seems only fitting, and this airy contemporary loft—Academy Award winner Susan Sarandon’s six-bedroom oasis—does just that. Occupying two floors of an exclusive co-op in Chelsea, the residence is anchored by a vast open living area with a mirrored wall and steps that can serve as impromptu seating—all perfectly suited for productions by performers of any age or stripe.

South Florida Developments | Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore three exclusive new developments from our worldwide network.

Floods of natural light lend this loftlike penthouse a stylish cheerfulness that is both effortless and inescapable. Three exposures of impressively oversized windows and soaring 12-foot ceilings contribute to a sense of open, inviting airiness throughout, and the home’s enviable wraparound terrace encourages relaxed living and festive entertaining outdoors. Every inch of the 4,017-square-foot floor plan benefits from a chic minimalist palette; clean, crisp lines; and astutely employed organic materials that maintain a natural softness and welcoming quality. Nearly every space enjoys some aspect of the home’squintessential Manhattan skyline views, which include the Chrysler Building and the last hand-painted billboard in the city.

With their endless amenities, ultramodern finishes, panoramic views, and trendy locales, today’s condos offer extensive value to the discerning buyer. Yet streamlining a space can help elevate a condo even further, and these design tips squeeze every drop out of square footage, without compromising on luxury to help you maximize your condo space.

Brand Power | When it comes to branded residential developments, the name can make all the difference. “Luxury brands resonate with people,” says Deirdre O’Connell, chief executive officer for Daniel Gale Sotheby’s International Realty in Cold Spring Harbor, N.Y. “There’s a certain confidence customers enjoy when buying a luxury-branded product because the company’s reputation is based on it.”