We are in the midst of a global financial crisis. People are naturally concerned about their jobs, their finances, their investments, and of course – REAL ESTATE. I am getting asked constantly by friends, family, and clients: How is the market? Are prices coming down? Is the Condo Market Crashing?
Coming Soon to Regent Park from Daniels: One Cole. Register with me now for more information and your chance to purchase a suite before the public release.
November 21, 2008 / by Andrew la Fleur /Insights, News
With the current financial climate, there is a lot of talk lately that some of the condo developments in Toronto that are in the pre-construction stage will not be able to get financing to build and therefore these projects will be canceled.  So far this has not happened, but it is a definite possibility, as […]
The numbers are in for November and it isn’t pretty.  TREB just released their sales figures for the month of November and unlike last month, we can now say that for the resale downtown condo market, prices have fallen.  Let’s just get right into the numbers.
January 5, 2009 / by Andrew la Fleur /Insights, News
If you are looking to buy a new condo in Toronto, you probably have picked up a copy of The Condo Guide magazine. These free, bi-monthly full colour magazines are more or less 100% advertisements bought and paid for by Toronto’s numerous condo developers with a few “articles” thrown in for good measure by industry […]
Today I want to share with my readers a press release from BILD – Building Industry & Land Development Association. They just released their sales statistics for new homes and condos sold in November. For Toronto, 789 high rise condos were sold. At first glance this number sounds pretty high, but when you hear that […]
Finally the numbers are in. TREB took a lot longer than usual to release the final sales numbers for the month of December, maybe because they were so painful to look at they had to double check them several times, hoping they would magically improve themselves. 🙂 Here are all the gory details.
I get a lot of great questions sent to me by readers of my blog via my contact me page. Here is one that I thought would make for a good post. Mike B writes,  If I were to buy a unit at [X Development] and the project does end up being canceled, would I get […]
January 23, 2009 / by Andrew la Fleur /Insights, News
Looking for some good reading on Toronto Condos? Here are three very recent articles on the condo scene in the city worth a read: “Some See Condo Prices At Bottom” from today’s Globe and Mail. The article suggests that condo prices have fallen to their lowest point, even though the confidence of buyers is still […]
Insights
Is the Toronto Condo Market Crashing?
November 6, 2008 / by Andrew la Fleur / Insights
We are in the midst of a global financial crisis. People are naturally concerned about their jobs, their finances, their investments, and of course – REAL ESTATE. I am getting asked constantly by friends, family, and clients: How is the market? Are prices coming down? Is the Condo Market Crashing?
Read more
Coming Soon: One Cole
October 31, 2008 / by Andrew la Fleur / Insights
Coming Soon to Regent Park from Daniels: One Cole. Register with me now for more information and your chance to purchase a suite before the public release.
Read more
Update on College Park III: Aura
November 21, 2008 / by Andrew la Fleur / Insights, News
With the current financial climate, there is a lot of talk lately that some of the condo developments in Toronto that are in the pre-construction stage will not be able to get financing to build and therefore these projects will be canceled.  So far this has not happened, but it is a definite possibility, as […]
Read more
Tipping Point? Downtown Condo Prices Fall, Inventory Soars
December 5, 2008 / by Andrew la Fleur / Insights
The numbers are in for November and it isn’t pretty.  TREB just released their sales figures for the month of November and unlike last month, we can now say that for the resale downtown condo market, prices have fallen.  Let’s just get right into the numbers.
Read more
New Hometrader.ca Site Looks Promising
January 5, 2009 / by Andrew la Fleur / Insights, News
If you are looking to buy a new condo in Toronto, you probably have picked up a copy of The Condo Guide magazine. These free, bi-monthly full colour magazines are more or less 100% advertisements bought and paid for by Toronto’s numerous condo developers with a few “articles” thrown in for good measure by industry […]
Read more
New Condo Sales for November 2008
December 23, 2008 / by Andrew la Fleur / Insights
Today I want to share with my readers a press release from BILD – Building Industry & Land Development Association. They just released their sales statistics for new homes and condos sold in November. For Toronto, 789 high rise condos were sold. At first glance this number sounds pretty high, but when you hear that […]
Read more
Sales Down. Prices Down. Inventory Up & Down?
January 9, 2009 / by Andrew la Fleur / Insights
Finally the numbers are in. TREB took a lot longer than usual to release the final sales numbers for the month of December, maybe because they were so painful to look at they had to double check them several times, hoping they would magically improve themselves. 🙂 Here are all the gory details.
Read more
What Happens to my Deposit Money if a Project gets Canceled?
January 21, 2009 / by Andrew la Fleur / Insights
I get a lot of great questions sent to me by readers of my blog via my contact me page. Here is one that I thought would make for a good post. Mike B writes,  If I were to buy a unit at [X Development] and the project does end up being canceled, would I get […]
Read more
Toronto Condos Reading List for Jan 23 2009
January 23, 2009 / by Andrew la Fleur / Insights, News
Looking for some good reading on Toronto Condos? Here are three very recent articles on the condo scene in the city worth a read: “Some See Condo Prices At Bottom” from today’s Globe and Mail. The article suggests that condo prices have fallen to their lowest point, even though the confidence of buyers is still […]
Read more