We are definitely in a buyer’s market. The overall sales:listing ratio for December was only 19% for downtown. Well below the 25% threshold to call it a buyer’s market. For at least the last 6 months, the media has been full of reports of the imminent collapse of the condo market with predictions ranging from […]
I’m not happy. I’m not happy because lately I’m seeing a disappointing trend with Toronto condo developers. I call it the “Maple Leafs Strategy”. So what’s the “Maple Leafs Strategy”? Think of our beloved Toronto Maple Leafs. They haven’t won the cup since 1967, they haven’t even made the playoffs since 2004. They are the […]
While I don’t have a crystal ball, here are 5 things that I am predicting for the condo market in 2013. 1. Some Great Deals. I believe that developers who launch new projects will offer some really great prices to Platinum buyers (the first group to buy), in order to sell quickly and hit their […]
It’s no secret that the condo market is relatively slow right now. Sales are down, prices are more or less flat from a year ago, and inventory is at or near all time highs. Many people have been saying for quite some time that a crash in the condo market is imminent. The housing market […]
The Bank of Canada issued a warning last week that the Toronto condo market is a risk to the Canadian economy. Some of my clients have been asking me for a response. Here it is. 1. Condo sales should not be analyzed in isolation of new home sales This is the most important point that I […]
This is Maxwell. Maxwell is an entrepreneur and he lives in Oshawa with his wife and family. Maxwell was sick and tired of lackluster returns on his investments in the stock market. His bank was offering him a paltry 1% to keep his hard-earned money sitting with them. Maxwell decided he’d had enough and wanted […]
Recently, I had a client ask me if it’s better to buy 3 or 4 smaller units for investment or 1 larger high-end type of unit. I started crunching some numbers for this client and the results were quite shocking. The $1M+ segment of the condo market is facing some serious challenges right now. Take a […]
There has been a lot of talk over the last year about how the condo market in Toronto was due for a major correction. The big buzz earlier this year with US based hedge funds was ‘shorting’ the Toronto condo market. Today the headlines read that this gamble was a complete failure and anyone who […]
So you are thinking about investing in a studio condo in Regent Park and you are probably wondering,how much do studio apartments (condos) rent for in Regent Park? And how much do they cost to buy? Are studios in Regent Park a good investment? As the owner of 2 studios in Regent Park, and a […]
Insights
5 Reasons Why There Are Still Bidding Wars in the Toronto Condo Market
January 25, 2013 / by Andrew la Fleur / Insights
We are definitely in a buyer’s market. The overall sales:listing ratio for December was only 19% for downtown. Well below the 25% threshold to call it a buyer’s market. For at least the last 6 months, the media has been full of reports of the imminent collapse of the condo market with predictions ranging from […]
Read more
Toronto Condo Developers Taking A Page Out of The Leafs’ Playbook?
January 31, 2013 / by Andrew la Fleur / Insights
I’m not happy. I’m not happy because lately I’m seeing a disappointing trend with Toronto condo developers. I call it the “Maple Leafs Strategy”. So what’s the “Maple Leafs Strategy”? Think of our beloved Toronto Maple Leafs. They haven’t won the cup since 1967, they haven’t even made the playoffs since 2004. They are the […]
Read more
5 Things To Expect From the Condo Market in 2013
January 31, 2013 / by Andrew la Fleur / Insights
While I don’t have a crystal ball, here are 5 things that I am predicting for the condo market in 2013. 1. Some Great Deals. I believe that developers who launch new projects will offer some really great prices to Platinum buyers (the first group to buy), in order to sell quickly and hit their […]
Read more
2 Reasons Why The Condo Market Is About To Heat Up
April 1, 2013 / by Andrew la Fleur / Insights
It’s no secret that the condo market is relatively slow right now. Sales are down, prices are more or less flat from a year ago, and inventory is at or near all time highs. Many people have been saying for quite some time that a crash in the condo market is imminent. The housing market […]
Read more
5 Responses to The Bank of Canada’s Comments About the Toronto Condo Market
June 21, 2013 / by Andrew la Fleur / Insights
The Bank of Canada issued a warning last week that the Toronto condo market is a risk to the Canadian economy. Some of my clients have been asking me for a response. Here it is. 1. Condo sales should not be analyzed in isolation of new home sales This is the most important point that I […]
Read more
Meet Maxwell
October 11, 2013 / by Andrew la Fleur / Insights
This is Maxwell. Maxwell is an entrepreneur and he lives in Oshawa with his wife and family. Maxwell was sick and tired of lackluster returns on his investments in the stock market. His bank was offering him a paltry 1% to keep his hard-earned money sitting with them. Maxwell decided he’d had enough and wanted […]
Read more
3 Shocking Facts About the $1M+ Condo Market
July 19, 2013 / by Andrew la Fleur / Insights
Recently, I had a client ask me if it’s better to buy 3 or 4 smaller units for investment or 1 larger high-end type of unit. I started crunching some numbers for this client and the results were quite shocking. The $1M+ segment of the condo market is facing some serious challenges right now. Take a […]
Read more
3 Powerful Reasons Why The Toronto Condo Market Did Not Crash
October 21, 2013 / by Andrew la Fleur / Insights
There has been a lot of talk over the last year about how the condo market in Toronto was due for a major correction. The big buzz earlier this year with US based hedge funds was ‘shorting’ the Toronto condo market. Today the headlines read that this gamble was a complete failure and anyone who […]
Read more
How Much Do Studio Condos Rent For In Regent Park?
October 23, 2013 / by Andrew la Fleur / Insights
So you are thinking about investing in a studio condo in Regent Park and you are probably wondering,how much do studio apartments (condos) rent for in Regent Park? And how much do they cost to buy? Are studios in Regent Park a good investment? As the owner of 2 studios in Regent Park, and a […]
Read more