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Real estate slow down good for the economy?

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 [...]

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Renting sucks… unless you’re a landlord

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, [...]

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Great time to be a condo investor

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, [...]

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Interest rates rise. Will the market fall?

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 [...]

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Why do condo rents keep rising?

Toronto condo rental market soars on heels of new measures As the housing market in Toronto cools, the rental market is especially hot following the announcement of new provincial housing measures, according to a report from Urbanation Inc. I want to read the full article. Mayor John Tory says $4.8B of federal transit funding is [...]

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Interest rates going up: Should we be worried?

Who will win and lose if the central bank raises interest rates? Another month of solid growth for the Canadian economy in April and upbeat survey results from the Bank of Canada have strengthened expectations that the central bank will soon begin increasing interest rates for the first time in seven years. I want to [...]

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Things are returning back to normal again

https://alafleur.wistia.com/medias/xff9dxhs65 Canadians need to replace backyards with balconies Noah, Harper, Ava and Michael have typical Canadian childhoods: they hang out at the pizza joint, try not to get kicked out of the swimming pool, get into trouble for trying to smuggle a purloined Barbary sheep into their home. I want to read the full article. [...]

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Andrew la Fleur talks foreign buyers and the hot market on CBC Radio

https://alafleur.wistia.com/medias/gj6syj55ia Andrew la Fleur heads down to CBC headquarters for an interview on CBC Radio to talk about the Toronto condo market's hot streak, foreign buyers, and more. TRANSCRIPT Andrew: Hey, how's it going? Andrew here and I just got asked to be interviewed on CBC Radio, talk about the market, what's happening, foreign buyers, [...]

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Why prices will continue to keep rising

https://alafleur.wistia.com/medias/m1h06zagcm Experts worry about condo supply shortage The dearth of low-rise housing inventory throughout the GTA is no secret, but a sudden decline in high-rise units has now rendered that market segment lacking as well. I want to read the full article. Canadian universities see surge of international students Canadian universities will welcome unprecedented numbers [...]

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