Urbanation just released their year end numbers for the Toronto condo rental market. Rental rates were up an incredible 12% in the fourth quarter of 2016! Yet many first time investors still wonder if they will be able to rent out their units when completed. Find out what Pauline Lierman, Director of Market Research for [...]
The condo market is stronger and hotter than ever before. Condos are the future. Condos are the only affordable housing option that exists in the GTA. Our market is strong, our buildings are full, and supply can’t keep up with demand. And yet many people still hold on to ridiculous beliefs that are simply not [...]
There has been a lot of sensationalized stories in the media recently about the Toronto rental market. Could rents really be going up by 100% per year as some stories have suggested? Do we currently have a rental housing crisis? Is there even a problem at all, and are rent controls the solution? Where should [...]
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 […]
[Renters are lining up to pay $2700/month for a view like this.] Landlords and would-be landlords take note: the sky is not falling and it is not a bad time to be a landlord in this city. I’ve been watching the rental market more closely than ever these past few months and I’ve noticed some […]
I wrote a few months ago that it was a good time to be a landlord, particularly if you are in the condo rental game. Supply seems to be at an all time low, vacancy rate is zero or close to it, and bidding wars from renters are driving rental rates up far faster than […]
Last week I came across this article in the Toronto Star written by Mark Weisleder whose headline claims that we are in a “Renter’s Market for Condos”. I had to scratch my head when I read that headline and I thought it was a typo. Reading through the article and the comments section was even […]
The Bank of Canada issued a warning last week that the Toronto condo market is a risk to the Canadian economy. Some of my clients have been asking me for a response. Here it is. 1. Condo sales should not be analyzed in isolation of new home sales This is the most important point that I […]
This is Maxwell. Maxwell is an entrepreneur and he lives in Oshawa with his wife and family. Maxwell was sick and tired of lackluster returns on his investments in the stock market. His bank was offering him a paltry 1% to keep his hard-earned money sitting with them. Maxwell decided he’d had enough and wanted […]
How Secure is the Rental Market? With Pauline Lierman of Urbanation
January 26, 2017 / by Andrew la Fleur / Podcast
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Condo market stronger than ever so why do these myths still persist?
April 4, 2017 / by Andrew la Fleur / Podcast
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Does Toronto have a rental housing crisis?
April 18, 2017 / by Andrew la Fleur / Podcast
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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
It’s Good to be a Landlord Right Now
January 27, 2012 / by Andrew la Fleur / Insights
[Renters are lining up to pay $2700/month for a view like this.] Landlords and would-be landlords take note: the sky is not falling and it is not a bad time to be a landlord in this city. I’ve been watching the rental market more closely than ever these past few months and I’ve noticed some […]
Read more
Rental Market Continues to Soar
June 26, 2012 / by Andrew la Fleur / Insights
I wrote a few months ago that it was a good time to be a landlord, particularly if you are in the condo rental game. Supply seems to be at an all time low, vacancy rate is zero or close to it, and bidding wars from renters are driving rental rates up far faster than […]
Read more
Myth Busters: Renter’s Market Edition
July 26, 2012 / by Andrew la Fleur / Insights
Last week I came across this article in the Toronto Star written by Mark Weisleder whose headline claims that we are in a “Renter’s Market for Condos”. I had to scratch my head when I read that headline and I thought it was a typo. Reading through the article and the comments section was even […]
Read more
5 Responses to The Bank of Canada’s Comments About the Toronto Condo Market
June 21, 2013 / by Andrew la Fleur / Insights
The Bank of Canada issued a warning last week that the Toronto condo market is a risk to the Canadian economy. Some of my clients have been asking me for a response. Here it is. 1. Condo sales should not be analyzed in isolation of new home sales This is the most important point that I […]
Read more
Meet Maxwell
October 11, 2013 / by Andrew la Fleur / Insights
This is Maxwell. Maxwell is an entrepreneur and he lives in Oshawa with his wife and family. Maxwell was sick and tired of lackluster returns on his investments in the stock market. His bank was offering him a paltry 1% to keep his hard-earned money sitting with them. Maxwell decided he’d had enough and wanted […]
Read more