Fall Luxury Outlook Report 2024
As the vibrant hues of summer transition into the crisp elegance of fall, the real estate market follows suit with its own seasonal shift. In this blog, we explore the Fall Luxury Outlook Report, offering insights into the trends shaping high-end properties as the year winds down. Canada’s housing market continues to balance the effects of population growth and declining mortgage rates against a slowing economy, rising geopolitical tensions, and wavering consumer confidence, resulting in a luxury market that remains steady, but reflected limited growth in the third quarter of 2024. We’ll also delve into the resurgence of Art Deco design, blending vintage glamor with modern sensibilities, and discuss the growing importance of LEED-certified homes, which are redefining sustainable luxury. Whether you're an enthusiast for design, eco-friendly living, or market forecasts, keep reading for inspiration.
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Top-Tier Real Estate: Fall 2024 State of Luxury Report
The luxury condominium market in two of Canada’s major urban centres, Toronto and Vancouver, have shifted into buyers’ territory with prices stabilizing as supply outstrips demand. While demand for luxury single family homes has remained resilient, overall market dynamics have evolved to better favour homebuyers in these two key markets, creating advantageous conditions for purchasing luxury homes in cities typically renowned for hyper-competition.
Art deco makes an elegant comeback
The glamorous, decadent aesthetic of the 1920s and 1930s is enjoying a welcome revival…
There aren’t many artists who encapsulate the essence of art deco as magnificently as Tamara de Lempicka—and this fall, the Fine Arts Museums of San Francisco are presenting her first major US retrospective. Renowned for vibrant, captivating portraits of the wealthy and famous, the Polish-born painter’s highly stylized works helped define the art deco movement, which flourished throughout the 1920s and early 1930s. While landmarks such as the Empire State Building and Chrysler Building remain as architectural monuments to the glamorous style, its sleek interior aesthetic is now making a comeback, a century after its emergence.
what are leed certified homes?
LEED® which stands for Leadership in Energy and Environmental Design is a globally recognized rating system for sustainable and environmentally friendly commercial buildings and homes. Here is what you should know about LEED® Certified homes…