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 […]
“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 […]
While the title of this post may sound confusing at first, the meaning is simple: whenever you buy a condo, make sure it is a unit that would be easy to sell again in the future – even in a strong buyer’s market. This is advice I always tell my clients, especially investor clients. May […]
We are bordering on a buyer’s market right now. I wouldn’t say we are quite there yet, but with the Sales:Active Listings ratio hovering around 35% for downtown condos, buyers certainly have choices when they go out looking for condos this summer. But I don’t want to talk about buying for a change, I want […]
Summer can be a great time to be a buyer in the resale market. There are a few months a year where the market cools down long enough to actually create the right conditions for a deal to be had. The first is obvious to most people: December and January when everyone is distracted by […]
After a couple weeks of relief, the media is once again full of stories of the Toronto condo market’s imminent demise. It seems everyone is talking about the Toronto condo market right now and yet once again there are so many mixed messages it’s hard to know who to believe. A quote from a recent […]
Buyer’s Market The downtown condo market is now a buyer’s market for the first time in over 3 years. The stats just came out for the month of June and the sales:listing ratio for downtown condos has dropped to 26% which represents the lowest level since March of 2009. (For a refresher on why the […]
1. Supply is Growing Supply is at an all time high, even surpassing the mini-market peak of mid-2010. The silver lining on this is that supply is generally highest around June every year and tapers off in the second half of the year. If this happens the market will probably be fine. Will this trend […]
In my last article there was that I wrote that seems to have made an impression because a couple people have mentioned it to me. The line was, “you can buy a condo today in 2014 at 2011 pricing that will not be completed until 2018/2019.” In other words, buyers who are smart will recognize […]
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
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
Buy to Sell in a Buyer’s Market
March 18, 2010 / by Andrew la Fleur / Insights
While the title of this post may sound confusing at first, the meaning is simple: whenever you buy a condo, make sure it is a unit that would be easy to sell again in the future – even in a strong buyer’s market. This is advice I always tell my clients, especially investor clients. May […]
Read more
Defence
July 20, 2010 / by Andrew la Fleur / Insights
We are bordering on a buyer’s market right now. I wouldn’t say we are quite there yet, but with the Sales:Active Listings ratio hovering around 35% for downtown condos, buyers certainly have choices when they go out looking for condos this summer. But I don’t want to talk about buying for a change, I want […]
Read more
Summer is a Great Time to Buy
July 6, 2011 / by Andrew la Fleur / Insights
Summer can be a great time to be a buyer in the resale market. There are a few months a year where the market cools down long enough to actually create the right conditions for a deal to be had. The first is obvious to most people: December and January when everyone is distracted by […]
Read more
The Most Important Statistic in the Toronto Condo Market
June 15, 2012 / by Andrew la Fleur / Insights
After a couple weeks of relief, the media is once again full of stories of the Toronto condo market’s imminent demise. It seems everyone is talking about the Toronto condo market right now and yet once again there are so many mixed messages it’s hard to know who to believe. A quote from a recent […]
Read more
Downtown Condo Market Now a Buyer’s Market
July 6, 2012 / by Andrew la Fleur / Insights
Buyer’s Market The downtown condo market is now a buyer’s market for the first time in over 3 years. The stats just came out for the month of June and the sales:listing ratio for downtown condos has dropped to 26% which represents the lowest level since March of 2009. (For a refresher on why the […]
Read more
9 Things to Know about The Downtown Condo Market
July 10, 2012 / by Andrew la Fleur / Insights
1. Supply is Growing Supply is at an all time high, even surpassing the mini-market peak of mid-2010. The silver lining on this is that supply is generally highest around June every year and tapers off in the second half of the year. If this happens the market will probably be fine. Will this trend […]
Read more
Why 2014 Will Be The Best Year Since 2009 To Buy A Condo In Toronto
January 22, 2014 / by Andrew la Fleur / Insights
In my last article there was that I wrote that seems to have made an impression because a couple people have mentioned it to me. The line was, “you can buy a condo today in 2014 at 2011 pricing that will not be completed until 2018/2019.” In other words, buyers who are smart will recognize […]
Read more