If you have not read the post that this infographic is based off, read it here. Feel free to repost this on your blog, twitter feed, facebook page, email it to your friends and family, etc. All I ask is for a link back to this page. Thank you!
January 27, 2009 / by Andrew la Fleur /Insights, News
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] The final sales figures for new condos from Realnet are in for the December and the year 2008. In short, prices are still going up, while sales have dropped off significantly. [Note: these numbers are for new condos. For resale condos, see my previous […]
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] Realnet has released the sales figures for new condos for the month of January. Prices are still increasing despite the fact that the number of sales continues to be significantly lower than a year ago. Prices are up 8% for high rise condos while sales […]
Once upon a time in Toronto real estate, there was a rule that investors followed religiously – you only buy a pre-construction condo if the price is lower than that of a comparable existing resale condo. If the price wasn’t lower than existing resale condos of similar quality in the immediate area, then it just […]
I am part of one of the best condo brokerages downtown – Re/Max Condos Plus. Our broker of record is Jamie Johnston. Jamie has been in this business a long time and he’s a very sharp cat. Follow him on Twitter and check out our company blog which Jamie writes. Jamie just put out his […]
April 26, 2010 / by Andrew la Fleur /Insights, News
Some of my colleagues may not want to believe it, but we are now in a new market reality. The extremely bullish market we have been experiencing for the past 12 months, at times accelerating at a break neck pace, has ended. Top-10 anecdotal signs that the market has already peaked: ‘Fake’ developer websites for […]
So the market has peaked (probably). Now what do you do? Well, first thing to remember is that most people won’t realize the market has peaked for about 3 months so if you are reading this you are way ahead of the curve. Secondly we are not talking about a market crash, and quite possibly […]
Investing in Toronto condos used to be a pretty straightforward proposition: buy a property with as little down as possible then rent it out with the income from the rent covering your mortgage, taxes, maintenance on the property etc. For much of 90s and the first half of the 2000s, this was the way it […]
You know the resale condo market is slowing down when the mainstream media starts writing articles telling us that it is. By the time the MSM gets on the train, it has already left the station and is well on its way to its destination. Reader of this blog and clients of mine have already […]
Ritz Carlton Infographic
April 3, 2012 / by Andrew la Fleur / Uncategorized
If you have not read the post that this infographic is based off, read it here. Feel free to repost this on your blog, twitter feed, facebook page, email it to your friends and family, etc. All I ask is for a link back to this page. Thank you!
Read more
Price of New Condos Holding Strong Despite Plummeting Sales
January 27, 2009 / by Andrew la Fleur / Insights, News
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] The final sales figures for new condos from Realnet are in for the December and the year 2008. In short, prices are still going up, while sales have dropped off significantly. [Note: these numbers are for new condos. For resale condos, see my previous […]
Read more
New Condo Sales Still Down; Prices Still Up
March 3, 2009 / by Andrew la Fleur / Insights
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] Realnet has released the sales figures for new condos for the month of January. Prices are still increasing despite the fact that the number of sales continues to be significantly lower than a year ago. Prices are up 8% for high rise condos while sales […]
Read more
Pricing Starting to Favour Pre-Construction
December 2, 2009 / by Andrew la Fleur / Insights
Once upon a time in Toronto real estate, there was a rule that investors followed religiously – you only buy a pre-construction condo if the price is lower than that of a comparable existing resale condo. If the price wasn’t lower than existing resale condos of similar quality in the immediate area, then it just […]
Read more
January Market Update from Re/Max Condos Plus
January 5, 2010 / by Andrew la Fleur / Insights
I am part of one of the best condo brokerages downtown – Re/Max Condos Plus. Our broker of record is Jamie Johnston. Jamie has been in this business a long time and he’s a very sharp cat. Follow him on Twitter and check out our company blog which Jamie writes. Jamie just put out his […]
Read more
The Market Has Peaked
April 26, 2010 / by Andrew la Fleur / Insights, News
Some of my colleagues may not want to believe it, but we are now in a new market reality. The extremely bullish market we have been experiencing for the past 12 months, at times accelerating at a break neck pace, has ended. Top-10 anecdotal signs that the market has already peaked: ‘Fake’ developer websites for […]
Read more
The Market Has Peaked, So Now What?
April 28, 2010 / by Andrew la Fleur / Insights
So the market has peaked (probably). Now what do you do? Well, first thing to remember is that most people won’t realize the market has peaked for about 3 months so if you are reading this you are way ahead of the curve. Secondly we are not talking about a market crash, and quite possibly […]
Read more
What Ever Happened to Cash Flow?
June 1, 2010 / by Andrew la Fleur / Insights
Investing in Toronto condos used to be a pretty straightforward proposition: buy a property with as little down as possible then rent it out with the income from the rent covering your mortgage, taxes, maintenance on the property etc. For much of 90s and the first half of the 2000s, this was the way it […]
Read more
What Happened The Last Time
June 14, 2010 / by Andrew la Fleur / Insights
You know the resale condo market is slowing down when the mainstream media starts writing articles telling us that it is. By the time the MSM gets on the train, it has already left the station and is well on its way to its destination. Reader of this blog and clients of mine have already […]
Read more