There is growing evidence suggesting that the pre-construction market is cooling. Where projects were selling units at a record-breaking pace back in February/March, now the market has lost a lot of steam and sales at some high profile projects have all but dried up. Buyers have more choices than ever before as the amount unsold […]
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 […]
There has been a lot of talk in the mainstream media about the fact that new condo sales are down significantly in the past year. This is a fact that I don’t dispute. In 2013, sales of new condos were around 14,000 (official numbers not out yet). One of the lowest numbers on record from […]
I had a great question from a new client over this past weekend. I was explaining how YC Condos is priced below current available resale condos (see more by watching this video) and my client asked me: Why would a Toronto condo developer sell a pre-construction condo for less than current market (resale) values? I’m […]
Time for Developers to do the Unthinkable?
May 28, 2012 / by Andrew la Fleur / Insights
There is growing evidence suggesting that the pre-construction market is cooling. Where projects were selling units at a record-breaking pace back in February/March, now the market has lost a lot of steam and sales at some high profile projects have all but dried up. Buyers have more choices than ever before as the amount unsold […]
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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
The One Thing That All The Top Selling Toronto Condo Projects Have in Common
January 17, 2014 / by Andrew la Fleur / Insights
There has been a lot of talk in the mainstream media about the fact that new condo sales are down significantly in the past year. This is a fact that I don’t dispute. In 2013, sales of new condos were around 14,000 (official numbers not out yet). One of the lowest numbers on record from […]
Read more
Why Would A Toronto Condo Developer Sell Below Current Market Value?
February 11, 2014 / by Andrew la Fleur / Insights
I had a great question from a new client over this past weekend. I was explaining how YC Condos is priced below current available resale condos (see more by watching this video) and my client asked me: Why would a Toronto condo developer sell a pre-construction condo for less than current market (resale) values? I’m […]
Read more