It’s got a white bell tower and there are scribblings from former students on the red-brick exterior

The post A Toronto family wanted to escape the city for nature. So they bought an $850,000 converted schoolhouse in East Garafraxa appeared first on Toronto Life.

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“Every time we go back there, we can’t believe we built it”

The post This Forest Hill family remade their overgrown backyard into a wood-and-limestone oasis appeared first on Toronto Life.

TRREB’s Diversity and Inclusion Task Force aims to strengthen diversity, equity, and inclusion for TRREB Members and the experiences of their clients when buying and selling properties. In a recent episode of the Ready to Real Estate podcast, TRREB Past President Lisa Patel met with Task Force members Justin Bock, Wasim Jarrah, Charlene Williams, and Chair Kate Young to discuss the importance of continued diversity and inclusion efforts in light of some of the problems they’ve witnessed in the real estate community – as well as the wider world – and potential ways forward for a better future.

What do we mean when we say the words “diversity and inclusion” (D&I)?

While there’s a number of differences people can have from each other – race, age, gender, sexual orientation, abilities, and more – diversity allows us to explore these differences in a safe, positive, and nurturing way, says Wasim. Inclusion makes it a given that all of these different backgrounds and identities have a seat at the table. Charlene adds that you can’t have strong D&I without equally strong leadership: someone who is empathetic, understanding, and inclusive.

Why is D&I so important to get right in real estate?

It’s no wonder the City of Toronto’s motto is “diversity is our strength”: in Toronto and the surrounding area, we have the unique privilege of being home to so many different kinds of people. It also means an equal responsibility to make sure people are not discriminated against on any grounds. A large amount of the discrimination seen by the Task Force is in leasing: discrimination against rental applicants based on race or other prejudices, such as those against older tenants or people from the LGBTQ+ community.

But, that doesn’t mean buying and selling isn’t without its own share of challenges. Wasim recalls a time when house sellers, through their real estate agent, had chosen not to proceed with an offer, because they were concerned about what the neighbours would say about a potential buyer’s race. All of the above examples are deeply unjust, and REALTORS® need to be empowered to call out discrimination when they see it.

What are some ways to make the real estate profession more inclusive?

Justin calls that empowerment to speak out the “tools in your toolkit” – the ways for REALTORS® to have difficult discussions with their landlords or seller clients. It’s up to REALTORS® as ambassadors and professionals to say “this is wrong” and why: people need housing and can’t be barred from it due to discrimination. Using the language provided by the Ontario Human Rights Commission and making it available to prospective tenants and buyers is also helpful; see the OHRC’s Policy on human rights and rental housing as an example.

You can’t make progress without real consequences. It’s not enough to say something is wrong; people should know better and it’s only by correcting and, in certain cases, applying punitive measures to discriminatory practices, that things will change.

Thanks to the hard work of the Diversity and Inclusion Task Force, TRREB has embarked on research with Ryerson University, surveying real estate agents on practices in the profession. Keep an eye on TRREB Wire for more information, and make sure to catch the rest of the episode for more insights on D&I from the panel of guests.

The post Diversity, Inclusion, and Real Estate: Moving Forward as a Community appeared first on TRREB Wire.

“Every time we go back there, we can’t believe we built it”

The post This Forest Hill family remade their overgrown backyard into a wood-and-concrete oasis appeared first on Toronto Life.

It’s called Chateau de Molante

The post A Torontonian thought about purchasing a property in cottage country. Instead, she bought a $1.25-million chateau in France appeared first on Toronto Life.

They watch movies, hangout and take work calls

The post A Bloorcourt family added a second living room—in their backyard appeared first on Toronto Life.

The treehouse is reserved for tea parties—dolls only, sorry

The post A kid-friendly backyard makeover made this family’s lockdown slightly more bearable appeared first on Toronto Life.

TORONTO, ONTARIO, August 5, 2021 – With almost 9,400 sales reported in July 2021, demand for ownership housing remained well-above average for the time of year despite being below the record July result set a year earlier. Market conditions actually tightened relative to July 2020, with sales accounting for a greater share of new listings compared to last year. The sellers’ market conditions sustained a double-digit annual rate of price growth.

“Demand for ownership housing has remained strong despite a pandemic-related lull in population growth. Of specific note is the condominium apartment market, which has seen a marked turn-around in 2021 with sales up compared to last year. First-time buyers, many of whom were slower to benefit from the initial recovery phase, remain very active in the market place,” said TRREB President Kevin Crigger. 

Greater Toronto Area REALTORS® reported 9,390 sales through TRREB’s MLS® System in July 2021 – down by 14.9 per cent compared to July 2020 result of 11,033. On a seasonally adjusted basis, July sales were down by two per cent compared to June.

The MLS® Home Price Index Composite Benchmark was up by 18.1 per cent compared to July 2020. The average price for all home types combined was $1,062,256 – up 12.6 per cent compared to July 2020. The detached market segment led the way in terms of price growth, driven by sales in the suburban regions surrounding Toronto. On a seasonally adjusted basis, the average price was up by 0.9 per cent compared to June.

“The annual rate of price growth has moderated since the early spring, but has remained in the double digits. This means that many households are still competing very hard to reach a deal on a home. This strong upward pressure on home prices will be sustained in the absence of more supply, especially as we see a resurgence in population growth moving into 2022,” said TRREB Chief Market Analyst Jason Mercer.

“There is a huge backlog of people seeking citizenship or permanent resident status in Canada. A large share of these newcomers will ultimately choose to call the GTA home. This means ownership and rental market conditions will remain tight with upward pressure on prices for the foreseeable future. Policy makers at all levels must pursue a coordinated effort to bring on a greater diversity of supply in major metropolitan areas,” said TRREB CEO John DiMichele. 

FOR THE FULL REPORT CLICK HERE.

Media Inquiries: Genevieve GrantPublic Affairs Specialist ggrant@trebnet.net 416-443-8159

The Toronto Regional Real Estate Board is Canada’s largest real estate board with more than 62,000 residential and commercial professionals connecting people, property and communities.

The post July Numbers Show Strong Demand Continues For Home Ownership In GTA appeared first on TRREB Wire.

Anwar and Sana had a bit of success at work, allowing them to bump their budget up

The post During lockdown, this family felt cramped in their semi. So they upsized to a $1.6-million detached in Mississauga appeared first on Toronto Life.