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Great time to be a condo investor

Toronto housing takes sharp turn into buyer’s market By one metric, the Greater Toronto housing market has quickly shifted from a seller’s market to one favouring buyers. I want to read the full article. Now that the Bank of Canada has scratched the interest rate itch, get ready for more Many of the world's central bankers, [...]

Lessons for Toronto from the Vancouver Real Estate Market

What a difference 5 months can make in a real estate market. In this episode we sit down and chat with Adam and Matt from the Vancouver Real Estate Podcast after first talking to them in February 2017. Hear about the rapid and dramatic transformation in that market that has happened over the last few [...]

Interest rates rise. Will the market fall?

Toronto's luxury condo sales surge despite market, Sotheby's International says GTA condo sales over $1M are up 98% from last year, according to Sotheby's International Realty I want to read the full article. Canadian Variable Mortgage Rates Rise for the First Time in Over Seven Years. What’s Next? The Bank of Canada (BoC) raised its [...]

Why do condo rents keep rising?

Toronto condo rental market soars on heels of new measures As the housing market in Toronto cools, the rental market is especially hot following the announcement of new provincial housing measures, according to a report from Urbanation Inc. I want to read the full article. Mayor John Tory says $4.8B of federal transit funding is [...]

Interest rates going up: Should we be worried?

Who will win and lose if the central bank raises interest rates? Another month of solid growth for the Canadian economy in April and upbeat survey results from the Bank of Canada have strengthened expectations that the central bank will soon begin increasing interest rates for the first time in seven years. I want to [...]

Why Bidding Wars Are Still Common on Downtown Toronto Condos – with Mark Savel

In today’s episode we hear from Mark Savel - top agent with Sage Real Estate and real estate investor who shares his insights and experiences in the downtown Toronto condo market. Mark was recently involved in 2 bidding wars in the last week for downtown condos and the results may surprise you. Find out what [...]

Things are returning back to normal again

Canadians need to replace backyards with balconies Noah, Harper, Ava and Michael have typical Canadian childhoods: they hang out at the pizza joint, try not to get kicked out of the swimming pool, get into trouble for trying to smuggle a purloined Barbary sheep into their home. I want to read the full article. Toronto [...]

3 Key Stats Show That the Downtown Condo Market Will Keep Rising

Since the introduction of the new foreign buyer tax in Ontario 2 months ago the headlines in the media have been about how the market is slowing, but what is actually going in the downtown condo market might surprise you. In this episode Andrew la Fleur shares 3 key stats from the latest TREB numbers [...]

Kathleen Wynne Gives Toronto Condo Investors Yet Another Gift: $15 Minimum Wage

This week Kathleen Wynne dropped yet another huge economic bomb on Ontario by announcing minimum wage will soon go from $11.40/hour to $15/hour. This has left many businesses and pundits reeling, but how will this affect real estate investors? This economic ‘bomb’ could turn out to be a massive ‘gift’ for investors - find out [...]

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