News Archives

Only 1/3 of millennials own

August 28, 2017 / by Andrew la Fleur / News, Videos

Why You Can't Afford an Apartment in Canada's Biggest Cities As housing prices soar, a chronic shortage of rental units is creating a new market squeeze. I want to read the full article. Prices of bachelor apartment rentals in Toronto are soaring According to Padmapper's real-time rental stats, bachelor apartments have climbed a whopping 15 percent since [...]

Real estate slow down good for the economy?

August 15, 2017 / by Andrew la Fleur / News, Videos

Rosenberg: Toronto housing slowdown is good for economy The recent dramatic drop in home sales across the Greater Toronto Area is good for Canada’s economy -- and may show the economy is finally moving away from a dependence on the real estate sector, according to Gluskin Sheff Chief Economist David Rosenberg. I want to read [...]

Renting sucks… unless you’re a landlord

August 9, 2017 / by Andrew la Fleur / News, Videos

Average Toronto home price drops $173,000 since April The number of sales in July also fell 40.4 per cent compared to July last year. I want to read the full article. Explosive First Half for GTA New Condo Market A total of 12,138 new condo apartments were sold across the Greater Toronto Area in Q2-2017, [...]

Great time to be a condo investor

July 25, 2017 / by Andrew la Fleur / News, Videos

Toronto housing takes sharp turn into buyer’s market By one metric, the Greater Toronto housing market has quickly shifted from a seller’s market to one favouring buyers. I want to read the full article. Now that the Bank of Canada has scratched the interest rate itch, get ready for more Many of the world's central bankers, [...]

Interest rates rise. Will the market fall?

July 18, 2017 / by Andrew la Fleur / News, Videos

Toronto's luxury condo sales surge despite market, Sotheby's International says GTA condo sales over $1M are up 98% from last year, according to Sotheby's International Realty I want to read the full article. Canadian Variable Mortgage Rates Rise for the First Time in Over Seven Years. What’s Next? The Bank of Canada (BoC) raised its [...]

Toronto Condo Market: Do we have a flippin’ problem here?

May 9, 2017 / by Andrew la Fleur / News, Videos

https://alafleur.wistia.com/medias/c3341ws7jh How condo flippers are making a killing in Toronto's hot housing market Inside the Toronto condo building where quick sales are earning investors up to $2,900 a day. I want to read the full article. Toronto condo market heated up in the first quarter, amid new evidence of investor flipping The Greater Toronto Area’s [...]

Time to cash out of Toronto real estate?

May 1, 2017 / by Andrew la Fleur / News, Videos

https://alafleur.wistia.com/medias/yaja2uwga7 Toronto homeowners opting to lease after cashing out Toronto homeowners cashed out to capitalize on high prices – and many aren’t about to dive back in I want to read the full article. It's Time for Buffalo to Secede, and Join Canada The region does have its fast lanes and its slow lanes, though. [...]

Why condos are the new Canadian dream

March 13, 2017 / by Andrew la Fleur / News, Videos

https://alafleur.wistia.com/medias/jpe8ytlyz8 Desperation Sets in for House Hunters in Toronto’s Red-Hot Market Dana Kayali is preparing for battle. Clutching a stack of home ads, the pension fund manager and her fiancee brave a swarm of about 30 people on a recent Saturday and step into the first of four open houses of the day. They’re all [...]

Condo inventory declined by 56%!

January 31, 2017 / by Andrew la Fleur / News, Videos

https://alafleur.wistia.com/medias/r0nv8zhf5z# How a foreign-buyer tax could make it even harder to find that elusive Toronto rental Low vacancies are already fueling bidding wars over Toronto apartments, and a foreign-buyer tax could make rentals in the city even scarcer — and pricier. Shaun Hildebrand, vice president of Toronto-based condo analytics firm Urbanation, recently described how on [...]

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