home sales in first 14 days of october up by 12.2%...

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DEEPIKA PADUKONE FOR BEST DEALS AND INFORMATION SEE PAGE 32 ZAREEN KHAN CHITRANGADA SINGH Toyota Still Most Valuable Auto Brand on Interbrand's 2014 Best Global Brands Report SONAM KAPOOR PREITY ZINTA SOHA ALI KHAN ANUSHKA SHARMA HUMA QURESHI RICHA CHADDA TORONTO - Toronto Real Estate Board President Paul Etherington announced that residential sales reported through the TorontoMLS system during the first 14 days of October were up by 12.2 per cent compared to the same period in 2013. Over the same period, new listings entered into TorontoMLS were up by a lesser 5.9 per cent. "We have seen a strong hand-off from the third quarter into the fourth quarter, as sales for all major home types were up. This suggests that a great diversity of home buyers remain active in today's market, from first-time buyers looking for affordable home ownership options through to high income households looking to purchase a luxury property," said Etherington. The average selling price for sales during the first two weeks of October was $583,719 - up by 8.8 per cent compared to the same period in 2013. Overall price growth continued to be driven by the low-rise market segments, including detached and semi-detached houses and townhouses. "Strong annual rates of price growth for low-rise home types were sustained, as sales growth continued to outpace growth in new listings. Sellers' market conditions are expected to remain in place for the remainder of 2014 and into 2015 as well. This means that high single-digit rates of price growth for singles, semis and townhouses will likely remain the norm over the next few months," said Jason Mercer, TREB's Director of Market Analysis. I CONTD. ON PAGE 30 Home sales in first 14 days of October up by 12.2% compared to the same period in 2013 Toronto: Playful campaigns and its zero-emission "Car of the Future" Fuel Cell Vehicle are just a few of the reasons Interbrand ranked Toyota the 8th most valuable global brand in its annual report. Up from No. 10 in 2013, Toyota's brand value increased by 20 percent to $42.4 billion, the highest Toyota has achieved. Toyota again ranked as the most valuable automotive brand. Interbrand publishes the ranking of the top 100 brands based on a unique methodology analyzing the many ways a brand touches and benefits an organization, from attracting top talent to delivering on customer expectation. Three key aspects contribute to a brand's value: 1) the financial performance of the branded products or services; 2) the role of brand in the purchase decision process; and 3) the strength the brand has to command a premium price, or secure earnings for the company. Toyota's increase in brand value reflects its recent global initiatives, including the Toyota Mobility Foundation, which addresses mobility challenges worldwide, and collaborations on innovative technologies that enhance sustainable transportation, such as fuel cell engineer- ing and electric drivetrains. Toyota ranks No. 2 among the top 50 'Best Global Green Brands' by Interbrand. TOYOTA CLIMBS TO NO. 8 ON INTERBRAND'S 2014 'BEST GLOBAL BRANDS' WITH 20 PERCENT BRAND VALUE GROWTH

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Page 1: Home sales in first 14 days of October up by 12.2% ...southasiandaily.com/wp-content/uploads/2014/10/part_22.pdf · 12.2% compared to the same period in 2013 Toronto: Playful campaigns

DEEPIKA PADUKONE

FOR BEST DEALS AND INFORMATION SEE PAGE 32

ZAREEN KHAN CHITRANGADA SINGH

Toyota Still Most Valuable AutoBrand on Interbrand's 2014Best Global Brands Report

SONAM KAPOOR

PREITY ZINTASOHA ALI KHANANUSHKA SHARMA HUMA QURESHI RICHA CHADDA

TORONTO - Toronto Real Estate Board President PaulEtherington announced that residential sales repor ted throughthe TorontoMLS system during the first 14 days of October wereup by 12.2 per cent compared to the same period in 2013. Overthe same period, new listings entered into TorontoMLS were upby a lesser 5.9 per cent."We have seen a strong hand-off from the third quar ter into thefour th quar ter, as sales for all major home types were up. Thissuggests that a great diversity of home buyers remain active intoday's market, from first-time buyers looking for affordablehome ownership options through to high income householdslooking to purchase a luxury proper ty," said Etherington.The average selling price for sales during the first two weeks of

October was $583,719 - up by 8.8 per cent compared to thesame period in 2013. Overall price growth continued to bedriven by the low-rise market segments, including detachedand semi-detached houses and townhouses."Strong annual rates of price growth for low-rise home typeswere sustained, as sales growth continued to outpace growth innew listings. Sellers' market conditions are expected to remainin place for the remainder of 2014 and into 2015 as well. Thismeans that high single-digit rates of price growth for singles,semis and townhouses will likely remain the norm over the nextfew months," said Jason Mercer, TREB's Director of MarketAnalysis.

I CONTD. ON PAGE 30

Home sales in first 14 days of October up by12.2% compared to the same period in 2013

Toronto: Playful campaigns and its zero-emission "Car of the Future"Fuel Cell Vehicle are just a few of the reasons Interbrand rankedToyota the 8th most valuable global brand in its annual repor t. Upfrom No. 10 in 2013, Toyota's brand value increased by 20 percent to$42.4 billion, the highest Toyota has achieved. Toyota again ranked asthe most valuable automotive brand.Interbrand publishes the ranking of the top 100 brands based on aunique methodology analyzing the many ways a brand touches andbenefits an organization, from attracting top talent to delivering oncustomer expectation. Three key aspects contribute to a brand's value:1) the financial performance of the branded products or services; 2)the role of brand in the purchase decision process; and 3) the strengththe brand has to command a premium price, or secure earnings forthe company.Toyota's increase in brand value reflects its recent global initiatives,including the Toyota Mobility Foundation, which addresses mobilitychallenges worldwide, and collaborations on innovative technologiesthat enhance sustainable transportation, such as fuel cell engineer-ing and electric drivetrains. Toyota ranks No. 2 among the top 50 'BestGlobal Green Brands' by Interbrand.

TOYOTA CLIMBS TO NO. 8 ON INTERBRAND'S2014 'BEST GLOBAL BRANDS' WITH 20 PERCENT

BRAND VALUE GROWTH

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26 MidWeek MIDWEEK NEWS WEEKLY

TUESDAY, OCTOBER 21, 2014auto

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MidWeek 27MIDWEEK NEWS WEEKLY

TUESDAY, AUGUST 28, 2012

MIDWEEK NEWS WEEKLY

TUESDAY, OCTOBER 21, 2014

Mercedes-Benz to honour one of thesix emerging Canadian talents

Toronto - Mercedes-Benz Star t Up (MBSU), Canada's premiereprogram to discover and mentor emerging fashion designers, willhost its four th annual National Finale group runway show featuringsix finalists at World MasterCard Fashion Week on Monday,October 20 at 8pm.In August, an esteemed panel of industry exper ts traveled toVictoria, British Columbia, Gatineau, Québec and Burlington,Ontario to identify designers who showed the most talent andpotential to benefit from the Mercedes-Benz Star t Up program.Following an intense day of interviews and presentations, semi-finalists showcased their collections on the runway to the nationaljudging panel and local industry insiders. From these regional

semi-finals, six designers were chosen as finalists to present theirSpring/Summer 2015 Collections at the National Finale group showat World MasterCard Fashion Week in Toronto.The Mercedes-Benz Star t Up 2014/2015 program finalists include:1. Beaufille - a Toronto-based womenswear and accessories brandfounded by sisters Chloe and Parris Gordon.2. An award-winning fashion designer, Laura Siegel is based inToronto. Her ethically handcrafted, easy-to-wear textured piecesare designed in collaboration with ar tisans in Asia and LatinAmerica.3. BLAK.I - created in 2010 by designers Helder Aguiar and DiegoFuchs, BLAK.I is a lifestyle brand that fully encapsulates the

wardrobe of the cutting edge contemporary woman.4. VAIKEN - created by designer Valerie Tolila, the line is developed in harmonywith today's real, radiant and confident woman. She creates unique piecesincluding evening gowns and embroidered garments.5. A contemporary womenswear line by designer Eliza Faulkner,based out of Vancouver Island. Combining spor ty details, classicsilhouettes, and luxurious natural fibres, Eliza Faulkner can be wornday or night; to work or on weekends; and always with eleganceand ease.6. Born in Alber ta, trained in New York, and currently based inToronto, designer Sid Neigum sells to stores in New York, L.A,Hong Kong, Seoul and Toronto. Neigum is the recipient of severalawards.Immediately following the National Finale show, one designer willbe chosen by the panel of judges to receive the title of AwardedDesigner. A continued mentorship from the panel of exper ts,editorial coverage across leading domestic and internationalpublications (including editorial suppor t from FASHION Magazine),as well as a fully produced solo runway show at the WorldMasterCard Fashion Week in March 2015 will follow. The designeralso receives a $30,000 bursary administered by an experiencedmentoring team who will guide and suppor t the designer's visionwhile ensuring that the funds are used equitably.

fashion

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TUESDAY, OCTOBER 21, 2014fashion

MODELS SHOWCASE CREATIONS OF FASHION DESIGNER REHANE AT WILLS LIFESTYLE INDIAFASHION WEEK SUMMER-SPRING.

KANIKA SALUJA CREATION

SHRADDHA KAPOOR, ESHA GUPTA AND KANGANA RANAUT WALKING ON THE RAMP.

JOY MITRA CREATIONS RAHUL SINGH CREATION

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MidWeek 29MIDWEEK NEWS WEEKLY

TUESDAY, AUGUST 28, 2012

MIDWEEK NEWS WEEKLY

TUESDAY, OCTOBER 21, 2014 auto

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TUESDAY, OCTOBER 21, 2014l ifestyle

THE SEASON OF PUMPKIN AND SPICEHAS ARRIVED! LOOK NO FURTHER THANETSY FOR ALL YOUR FALL NEEDS

Amount of industrial, retail space leased up by5.3 per cent compared to the third quarter of 2013Toronto - Toronto Real Estate Board President Paul Etheringtonannounced that TREB Commercial Network Members repor ted6,059,755 square feet of leased industrial, commercial/retail andoffice space during the third quar ter of 2014. This result was upby 5.3 per cent compared to the third quar ter of 2013. The amountof space leased was up for all major market segments.Average lease rate for proper ties leased on a per square foot netbasis (where pricing was disclosed) were up for the industrialand commercial/retail market segments and down slightly foroffice proper ties. Some of the increase in average industrial andcommercial/retail lease rates was due to a change in the mix andtype of larger proper ties leased this year compared to last."We have seen solid growth in the Canadian economy recently.Some of this growth was based on strong expor t numbers, par-ticularly as it relates to goods produced for markets in the UnitedStates. Expor t based production is obviously tied to industrial

firms, so it makes sense that we saw an uptick in industrial leas-ing. Consumer spending has also remained an impor tant driverof economic growth in this country. This bodes well for a contin-ued uptrend in leased commercial/retail space," said Etherington.Total commercial sales in the third quar ter, at 254, were down incomparison to the same period last year, when 279 proper tieswere repor ted sold. While the number of transactions were down,average selling prices on a per square foot basis (where pricingwas disclosed) were up for industrial, commercial/retail and of-fice proper ties."By all accounts, the Canadian economy is on a solid footing.However, one component of growth that has lagged is businessinvestment. As consumer spending remains strong and expor tsimprove, the expectation is that business investment will alsopick up. In all l ikelihood, this improvement would include anuptick in commercial proper ty sales," continued Etherington.

Home sales in first 14 days of October up by12.2% compared to the same period in 2013

Toronto - Home baked treats will stand out with fall-friendlycake toppers from Calgary designer Kiwi Tini Creations.

Looking for a seriously spooky Halloween vibe? Get wickedand weird with handcraf ted haunts from Toronto's GloomMatter. Kids will love the luxe velvet Tudor princess and

pirate costumes from Labrador City's Ezzibee Designs. UseEtsy's local search option to uncover one-of-a-kind finds

made in your community, such as printed pillows in orangeand black from HJC Designs in Kawar tha Lakes, or paper

quilled Thanksgiving ornaments from Vancouver-basedWintergreen Design.

SOIA & KYO and MélissaNepton present collections

at World MasterCardFashion Week

Toronto - SOIA & KYO (S&K) launched its Spring/Summer 2015 col-lection during Toronto's World MasterCard® Fashion Week. This col-lection continues theM o n t r e a l - b a s e dbrand's tradit ion ofpol ished, ut i l i tar iandesign."Our newest collectionhighlights the versatil-ity of SOIA & KYO,"said Ilan Elfassy, cre-ative director of SOIA& KYO. "Spring/Sum-mer 2015 is all aboutthe fusion of environ-ments. This collectionsoftens the some-times-industrial citywardrobe with deli-cate pastoral quali-t ies, a l lowing thepieces to transit ionsmoothly betweendowntown and out-of-town.The garden city movement that led to stunning public parks and urbanopen space escapes is the main inspiration and central theme behindthis collection. City Limits is a breath of fresh air, blending contempo-rary urban styling with notes of country comfor ts. The line-up fea-tures an enhanced colour palette, extending from soft, ear thy sandsand oatmeal to bolder cosmopolitan yellows. The collection featurescolours that compliment their environment, but never overpower.Montreal-based contemporary fashion designer Mélissa Nepton willdebut her Spring/Summer 2015 collection on the runway at WorldMasterCard® Fashion Week in Toronto. One of Canada's leadingwomenswear designers known for creating stylish, flattering cloth-ing with a feminine yet casual feeling, Nepton was inspired by the1920s chic and sporty woman with a strong attitude for her Spring/Summer 2015 collection. Featuring soft tones like coral pink, babyblue and turquoise, fabrics in the collection include a mix of textures

l ike organza, jac-quard and silk chiffonwith sequin andleather detailing."I love creating beau-tiful, wearable cloth-ing for women andhighlighting the femi-ninity that exists in allof us," said Nepton."For the Spr ing/Sumer 2105 season Ihave designed a lineinspired by the effor t-less elegance of the1920s spor ty girl. It'sa versatile collectionthat can be worn towork, to a brunch datewith girlfriends, or fora night out on thetown."

SOIA & KYO Creation

Mélissa Nepton Creation

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MidWeek 31MIDWEEK NEWS WEEKLY

TUESDAY, AUGUST 28, 2012

MIDWEEK NEWS WEEKLY

TUESDAY, OCTOBER 21, 2014 auto

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TUESDAY, OCTOBER 21, 2014l i festyle

TIDE DIWALI FESTIVAL OF LIGHTS SETSTHE MOOD FOR DIWALI CELEBRATIONS

This past weekend The Great Punjab plaza was filled with ajoyful crowd coming together to celebrate the Diwali festival oflights with Tide, Crest, Pantene and other leading P&G brands.

Attendees were greeted with free giveaways, a personal and house-hold care product experience and engaging activities.Ashwin Garg, Category Brand Manager at P&G Canada said: "Wehope that our products can help to make household chores easier soSouth Asian families can spend more time with each other this Diwaliseason."The Shine Zone digital game booth had long lineups of the attendeeswanting to win free Tide, Mr Clean, Swiffer, and Febreze products. Atthe Pantene, COVERGIRL and Olay booth, consumers got a free beautytouch up to enhancetheir festive experience. The Crest photoboothand twitter wall provided attendees with a #TimeToShine. The Gilletteshave station was popular for the clean shaven look. All those whomissed being at the festival can sign up on PGeveryday.ca and down-load discount coupons to buy their favourite P&G products.

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MidWeek 33MIDWEEK NEWS WEEKLY

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MIDWEEK NEWS WEEKLY

TUESDAY, OCTOBER 21, 2014 real estate

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MIDWEEK NEWS WEEKLY

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