January 27, 2009 / by Andrew la Fleur /Insights, News
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] The final sales figures for new condos from Realnet are in for the December and the year 2008. In short, prices are still going up, while sales have dropped off significantly. [Note: these numbers are for new condos. For resale condos, see my previous […]
Are you thinking about moving to Toronto? Here are some fun facts that will help acquaint you with our city before you get here. It gets cold. Winters here can be harsh, especially the months of January and February. But the downtown core gets less snow than the rest of the city because of 2 […]
If you have have tried to sell your condo anytime in the last few months, you know what the Toronto real estate market is like better than anyone. Condos in ‘hot’ buildings that a year ago would sell over asking in week are now languishing on the market for weeks. Price reductions are happening every […]
TREB has their January stats up for resale properties. Looking at the numbers for downtown condos it is now very clear: we are in a serious buyer’s market.ÂÂÂ
It’s that time of the month again, TREB just released their stats for February. The numbers aren’t as painful to look at as in the previous few months, but does this mean we are on the way to recovery?
Continuing from yesterday’s post, today I will be profiling Parc Lofts and Flat Iron / Work Lofts. Parc Lofts Parc Lofts will be located at Wellington and Stafford, overlooking Stanley Park. All units will have 10′ ceilings, gas cooking and caesar stone counter tops as standard. It truly is a boutique project with only 94 […]
“How’s the market doing?” It’s the classic question that I get asked daily from clients, friends, family, and even strangers. No one wants to know how I’m doing or how the family is, it’s all about THE MARKET! The current assumption right now is that the market is bad. Really bad. It seems the various […]
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] Realnet has released the sales figures for new condos for the month of January. Prices are still increasing despite the fact that the number of sales continues to be significantly lower than a year ago. Prices are up 8% for high rise condos while sales […]
Today I was out with some clients who are looking for a short term rental downtown and I was reminded of something I’ve known for quite some time: Short term rental condos in Toronto are in very short supply. Currently, as of writing, in all of C01 and C08 combined, there are only 39 available […]
Insights
Price of New Condos Holding Strong Despite Plummeting Sales
January 27, 2009 / by Andrew la Fleur / Insights, News
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] The final sales figures for new condos from Realnet are in for the December and the year 2008. In short, prices are still going up, while sales have dropped off significantly. [Note: these numbers are for new condos. For resale condos, see my previous […]
Read more
10 Things You Should Know Before Moving to Toronto
January 28, 2009 / by Andrew la Fleur / Insights
Are you thinking about moving to Toronto? Here are some fun facts that will help acquaint you with our city before you get here. It gets cold. Winters here can be harsh, especially the months of January and February. But the downtown core gets less snow than the rest of the city because of 2 […]
Read more
Can’t Sell Your Condo? In this Market, Consider Renting
January 30, 2009 / by Andrew la Fleur / Insights
If you have have tried to sell your condo anytime in the last few months, you know what the Toronto real estate market is like better than anyone. Condos in ‘hot’ buildings that a year ago would sell over asking in week are now languishing on the market for weeks. Price reductions are happening every […]
Read more
2009 Begins As a Buyer’s Market
February 6, 2009 / by Andrew la Fleur / Insights
TREB has their January stats up for resale properties. Looking at the numbers for downtown condos it is now very clear: we are in a serious buyer’s market.ÂÂÂ
Read more
Signs of Life? February Condo Market Stats Have a Pulse
March 5, 2009 / by Andrew la Fleur / Insights
It’s that time of the month again, TREB just released their stats for February. The numbers aren’t as painful to look at as in the previous few months, but does this mean we are on the way to recovery?
Read more
Condo Project Updates: Parc Lofts and Work Lofts / Flatiron Lofts
April 3, 2009 / by Andrew la Fleur / Insights
Continuing from yesterday’s post, today I will be profiling Parc Lofts and Flat Iron / Work Lofts. Parc Lofts Parc Lofts will be located at Wellington and Stafford, overlooking Stanley Park. All units will have 10′ ceilings, gas cooking and caesar stone counter tops as standard. It truly is a boutique project with only 94 […]
Read more
How Bad is The Market? Not "That" Bad
February 20, 2009 / by Andrew la Fleur / Insights
“How’s the market doing?” It’s the classic question that I get asked daily from clients, friends, family, and even strangers. No one wants to know how I’m doing or how the family is, it’s all about THE MARKET! The current assumption right now is that the market is bad. Really bad. It seems the various […]
Read more
New Condo Sales Still Down; Prices Still Up
March 3, 2009 / by Andrew la Fleur / Insights
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] Realnet has released the sales figures for new condos for the month of January. Prices are still increasing despite the fact that the number of sales continues to be significantly lower than a year ago. Prices are up 8% for high rise condos while sales […]
Read more
Short Term Rentals in Short Supply
April 23, 2009 / by Andrew la Fleur / Insights
Today I was out with some clients who are looking for a short term rental downtown and I was reminded of something I’ve known for quite some time: Short term rental condos in Toronto are in very short supply. Currently, as of writing, in all of C01 and C08 combined, there are only 39 available […]
Read more