New condo construction is slowing, but not for long Last year, 25,571 condo units were completed. This year, only 18,914 are projected for completion, but construction is expected to remain strong in years ahead. I want to read the full article. CIBC: Toronto condo market to face adjustment as rental demand moderates Moderating demand for [...]
CPPIB buys 60% stake in Toronto rental property, entering Canada’s multi-family real estate market The Canada Pension Plan Investment Board made its first direct investment in Canadian multi-family real estate on Monday with the purchase of a 60 per cent interest in Minto High Park Village in Toronto. I want to read the full article. [...]
5 Unbelievable Facts About the Toronto Real Estate Market Bulls point to low interest rates, crazy bidding wars for desirable neighborhoods, and a steady stream of new people moving to the city as proof the market is in great shape. A steadily rising price is the result of a healthy market. Here are five facts about the [...]
Vulnerability of Toronto housing market 'comparatively high': TD report Toronto's housing market faces a "comparatively high" risk of a sudden price drop, according to a TD Economics report. The report, issued Thursday, suggests the housing market in Canada's largest city is at risk of a steep price adjustment if supply surpasses demand. I want to read [...]
Number of unsold Toronto condos starting to drop as sales of new units pick up The number of unsold condominiums across Canada’s largest city dropped 13 per cent in the second quarter from a year ago, according to research firm Urbanation Inc. I want to read the full article. Loblaw warehouse to become massive store, [...]
U Condominiums by Pemberton at Bay and St Mary’s is one of the projects that probably wishes they had a time machine and could launch their sales just a couple months earlier than they did. They started selling in the fall of last year, just weeks before the stock market crashed and there was a fundamental […]
Resale prices have dropped, sales figures are a fraction of what they were a year ago, and buyers are out there but reluctant to pull the trigger. What’s a Toronto condo developer to do? In a slow market, developers are loathe to actually lower their prices as it devalues the entire project, pisses off previous […]
You may have noticed a lack of posts over the past couple weeks on this blog. Rest assured it isn’t because the real estate market is cratering! To the contrary, I’ve been very busy serving my regular buyer and seller clients as well as working behind the scenes on some pretty significant changes to my […]
Brad Lamb has several projects that were launched last year that have yet to hit the construction stage. As such, there are still a good selection of units available at all these boutique condominium projects aimed at the design-conscious buyer. In this two part series I will provide an update four of these projects. First […]
The Toronto Condo Market This Week (July 3, 2015)
July 3, 2015 / by Andrew la Fleur / News
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The Toronto Condo Market This Week (July 10, 2015)
July 10, 2015 / by Andrew la Fleur / News
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The Toronto Condo Market This Week (July 17, 2015)
July 17, 2015 / by Andrew la Fleur / News
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The Toronto Condo Market This Week (July 31, 2015)
July 31, 2015 / by Andrew la Fleur / News
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The Toronto Condo Market This Week (August 7, 2015)
August 6, 2015 / by Andrew la Fleur / News
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U Condominiums: Tower 1 58% Sold
February 10, 2009 / by Andrew la Fleur / News
U Condominiums by Pemberton at Bay and St Mary’s is one of the projects that probably wishes they had a time machine and could launch their sales just a couple months earlier than they did. They started selling in the fall of last year, just weeks before the stock market crashed and there was a fundamental […]
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Developers Getting Aggressive With Buyer Incentives
February 27, 2009 / by Andrew la Fleur / News
Resale prices have dropped, sales figures are a fraction of what they were a year ago, and buyers are out there but reluctant to pull the trigger. What’s a Toronto condo developer to do? In a slow market, developers are loathe to actually lower their prices as it devalues the entire project, pisses off previous […]
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Big Changes on The Horizon for AndrewLaFleur.com
March 18, 2009 / by Andrew la Fleur / News
You may have noticed a lack of posts over the past couple weeks on this blog. Rest assured it isn’t because the real estate market is cratering! To the contrary, I’ve been very busy serving my regular buyer and seller clients as well as working behind the scenes on some pretty significant changes to my […]
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Condo Project Updates: Kormann House and The King East
April 2, 2009 / by Andrew la Fleur / News
Brad Lamb has several projects that were launched last year that have yet to hit the construction stage. As such, there are still a good selection of units available at all these boutique condominium projects aimed at the design-conscious buyer. In this two part series I will provide an update four of these projects. First […]
Read more