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 […]
The August sales figures are out from the Toronto Real Estate Board. Here is what I found most interesting: 1. Sales:Listing Ratio Holds Steady Those of you who read my stuff often know that this is my favourite statistic. The sales to listing ratio held steady at 23% in August-the same number as July. Sales […]
The latest stats for the downtown condo market are now available from TREB. I won’t be doing a full blown analysis today but here is a snap shot of what the numbers say for the September 2012 results. Once again, this data is for the downtown condo market only. In short, the trend that […]
We are definitely in a buyer’s market. The overall sales:listing ratio for December was only 19% for downtown. Well below the 25% threshold to call it a buyer’s market. For at least the last 6 months, the media has been full of reports of the imminent collapse of the condo market with predictions ranging from […]
There has been a lot of talk over the last year about how the condo market in Toronto was due for a major correction. The big buzz earlier this year with US based hedge funds was ‘shorting’ the Toronto condo market. Today the headlines read that this gamble was a complete failure and anyone who […]
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
Three Interesting Tidbits From The August 2012 Condo Market Stats
September 6, 2012 / by Andrew la Fleur / Insights
The August sales figures are out from the Toronto Real Estate Board. Here is what I found most interesting: 1. Sales:Listing Ratio Holds Steady Those of you who read my stuff often know that this is my favourite statistic. The sales to listing ratio held steady at 23% in August-the same number as July. Sales […]
Read more
September 2012 Downtown Condo Market Snap Shot
October 4, 2012 / by Andrew la Fleur / Insights
The latest stats for the downtown condo market are now available from TREB. I won’t be doing a full blown analysis today but here is a snap shot of what the numbers say for the September 2012 results. Once again, this data is for the downtown condo market only. In short, the trend that […]
Read more
5 Reasons Why There Are Still Bidding Wars in the Toronto Condo Market
January 25, 2013 / by Andrew la Fleur / Insights
We are definitely in a buyer’s market. The overall sales:listing ratio for December was only 19% for downtown. Well below the 25% threshold to call it a buyer’s market. For at least the last 6 months, the media has been full of reports of the imminent collapse of the condo market with predictions ranging from […]
Read more
3 Powerful Reasons Why The Toronto Condo Market Did Not Crash
October 21, 2013 / by Andrew la Fleur / Insights
There has been a lot of talk over the last year about how the condo market in Toronto was due for a major correction. The big buzz earlier this year with US based hedge funds was ‘shorting’ the Toronto condo market. Today the headlines read that this gamble was a complete failure and anyone who […]
Read more