April 26, 2010 / by Andrew la Fleur /Insights, News
Some of my colleagues may not want to believe it, but we are now in a new market reality. The extremely bullish market we have been experiencing for the past 12 months, at times accelerating at a break neck pace, has ended. Top-10 anecdotal signs that the market has already peaked: ‘Fake’ developer websites for […]
So the market has peaked (probably). Now what do you do? Well, first thing to remember is that most people won’t realize the market has peaked for about 3 months so if you are reading this you are way ahead of the curve. Secondly we are not talking about a market crash, and quite possibly […]
Whenever a development launches in a prime A1 location like The Berczy, it is sure to garner a lot of attention. This is true no matter what the economic climate or how hot the real estate market is. The Berczy had many investors and first time buyers salivating at the prospects of owning in a […]
The model suite is built and designed to entice the senses and ignite the imagination. Developers know that they only have a few seconds to grab a potential buyer’s attention and make them feel like they want to move into the condo immediately. In order to achieve this result, developers have long been using several […]
Investing in Toronto condos used to be a pretty straightforward proposition: buy a property with as little down as possible then rent it out with the income from the rent covering your mortgage, taxes, maintenance on the property etc. For much of 90s and the first half of the 2000s, this was the way it […]
I love my overseas clients. They have such a different perspective on the Toronto condo market than we locals do. In general, they are far more optimistic and excited about the future potential of our city than we ourselves often are. They understand that the Toronto condo market is special. I was meeting a new […]
You know the resale condo market is slowing down when the mainstream media starts writing articles telling us that it is. By the time the MSM gets on the train, it has already left the station and is well on its way to its destination. Reader of this blog and clients of mine have already […]
The Globe and Mail had an article last week that suggested that the rental market was heating up as would-be buyers were leaving an overheated condo market in favour of renting. As a result, the rental market is now heating up considerably. The evidence for this hypothesis provided by the author was strictly anecdotal, so […]
Today is June 30th, 2010 which means that tomorrow is July 1st, 2010 – the day the earth will stand still as the dreaded HST era begins in Ontario.Today is quite possibly the busiest closing day in the history of Toronto. The last week of June is traditionally the busiest of the year for closings […]
Insights
The Market Has Peaked
April 26, 2010 / by Andrew la Fleur / Insights, News
Some of my colleagues may not want to believe it, but we are now in a new market reality. The extremely bullish market we have been experiencing for the past 12 months, at times accelerating at a break neck pace, has ended. Top-10 anecdotal signs that the market has already peaked: ‘Fake’ developer websites for […]
Read more
The Market Has Peaked, So Now What?
April 28, 2010 / by Andrew la Fleur / Insights
So the market has peaked (probably). Now what do you do? Well, first thing to remember is that most people won’t realize the market has peaked for about 3 months so if you are reading this you are way ahead of the curve. Secondly we are not talking about a market crash, and quite possibly […]
Read more
Berczy: Post Mortem
May 18, 2010 / by Andrew la Fleur / Insights
Whenever a development launches in a prime A1 location like The Berczy, it is sure to garner a lot of attention. This is true no matter what the economic climate or how hot the real estate market is. The Berczy had many investors and first time buyers salivating at the prospects of owning in a […]
Read more
5 Things Every Buyer Should Know about Model Suites
May 27, 2010 / by Andrew la Fleur / Insights
The model suite is built and designed to entice the senses and ignite the imagination. Developers know that they only have a few seconds to grab a potential buyer’s attention and make them feel like they want to move into the condo immediately. In order to achieve this result, developers have long been using several […]
Read more
What Ever Happened to Cash Flow?
June 1, 2010 / by Andrew la Fleur / Insights
Investing in Toronto condos used to be a pretty straightforward proposition: buy a property with as little down as possible then rent it out with the income from the rent covering your mortgage, taxes, maintenance on the property etc. For much of 90s and the first half of the 2000s, this was the way it […]
Read more
Is Toronto Special?
February 18, 2011 / by Andrew la Fleur / Insights
I love my overseas clients. They have such a different perspective on the Toronto condo market than we locals do. In general, they are far more optimistic and excited about the future potential of our city than we ourselves often are. They understand that the Toronto condo market is special. I was meeting a new […]
Read more
What Happened The Last Time
June 14, 2010 / by Andrew la Fleur / Insights
You know the resale condo market is slowing down when the mainstream media starts writing articles telling us that it is. By the time the MSM gets on the train, it has already left the station and is well on its way to its destination. Reader of this blog and clients of mine have already […]
Read more
Rental Market Heating Up?
June 21, 2010 / by Andrew la Fleur / Insights
The Globe and Mail had an article last week that suggested that the rental market was heating up as would-be buyers were leaving an overheated condo market in favour of renting. As a result, the rental market is now heating up considerably. The evidence for this hypothesis provided by the author was strictly anecdotal, so […]
Read more
June 30th – The Busiest Closing Day Ever?
June 30, 2010 / by Andrew la Fleur / Insights
Today is June 30th, 2010 which means that tomorrow is July 1st, 2010 – the day the earth will stand still as the dreaded HST era begins in Ontario.Today is quite possibly the busiest closing day in the history of Toronto. The last week of June is traditionally the busiest of the year for closings […]
Read more