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Toronto real estate so good that it’s bad

In this podcast version of the condo market news this week Andrew la Fleur talks about how Toronto’s real estate market is so good, it’s bad. Also, what is the one unique factor that no economist seems to be putting in their analysis of Toronto’s real estate market? Finally, have the new mortgage rules that [...]

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Why condos are the new Canadian dream

Desperation Sets in for House Hunters in Toronto’s Red-Hot Market Dana Kayali is preparing for battle. Clutching a stack of home ads, the pension fund manager and her fiancee brave a swarm of about 30 people on a recent Saturday and step into the first of four open houses of the day. They’re all searching [...]

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Is renting really cheaper than owning?

Market Watch Feb 2017 Stats Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,014 residential sales through TREB’s MLS® System in February 2017. I want to read the full article. Sticker shock sets in Thirtysomething buyers confronted with $1-million entry-level homes are left in the lurch I want to [...]

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What Is the Current Market Value for a Downtown Toronto Condo?

How do you know if you are getting a good deal on a pre-construction condo? Andrew la Fleur shares his famous UP Investing Formula and walks you through one current real time example to show how buying pre-construction today at the right price is an amazing investment opportunity. Related Links How do you make sure [...]

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3 Reasons Why Luxury Condos Are the Biggest Bargain in Toronto Right Now

The condo market has undergone significant changes over the last year. Average prices for average condos have shot up dramatically with many buildings experiencing 20%+ gains in the last 6 months alone. Whenever there are changes in the market, new opportunities emerge. Possibly the biggest opportunity right now is in the luxury segment. Find out [...]

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How NOT to increase your rent by $1000 per month

No fixed address: How I became a 32-year-old couch surfer Shannon Martin's rent shot up nearly $1K a month, now she bounces around between family, friends I want to read the full article. Toronto’s housing market may need a Vancouver-style cooling: RBC Toronto may need to consider Vancouver-style measures to address a “dangerous mix” of [...]

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Is Toronto in a Housing Bubble?

This week Doug Porter of BMO made headlines across the country when he said that Toronto was in a housing bubble, even going so far as comparing the current market to the late 1980s. There is no denying that the market is hot, but are we really in a “bubble”? And more importantly what do [...]

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Don’t sell your house!

Downsizers cash in – driving the upscale condo market The recent surge in house prices and unexpected gains in home equity are giving baby boomers in some urban areas of Canada the advantage, allowing them to upgrade their lifestyles, instead of making do with less. I want to read the full article. BMO declares Toronto [...]

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