The biggest story in the Toronto condo market over the past 6 months has been the disparity between supply and demand. Simply put, inventory (condos available for sale) is at an all time low, and demand is at an all time high. This has been a recipe for rapid price appreciation, frenzied buying, and sellers […]
Most developers have shelved their plans for launching new projects in 2009 in favour of promoting and marketing their projects already on the go. Cresford is currently pushing their 2 developments under construction located on Charles St, just south of Yonge and Bloor. If you are looking for a new condo in a prime downtown […]
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 […]
Inventory Relief Coming Soon
January 4, 2010 / by Andrew la Fleur / Insights
The biggest story in the Toronto condo market over the past 6 months has been the disparity between supply and demand. Simply put, inventory (condos available for sale) is at an all time low, and demand is at an all time high. This has been a recipe for rapid price appreciation, frenzied buying, and sellers […]
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Plenty of Great Units Still Available at CASA and Bloor Street Neighbourhood
March 11, 2009 / by Andrew la Fleur / Uncategorized
Most developers have shelved their plans for launching new projects in 2009 in favour of promoting and marketing their projects already on the go. Cresford is currently pushing their 2 developments under construction located on Charles St, just south of Yonge and Bloor. If you are looking for a new condo in a prime downtown […]
Read more
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 […]
Read more