The headlines all proclaim that June was the “best month on record“, but if you were a buyer in the month of June, you’d probably disagree. As usual, let’s take a look at the numbers just for downtown condos. In C01 (downtown west) let’s compare the June numbers from the past 3 years: SALES: 2007 […]
The Toronto real estate market has undergone such a massive turnaround over the past 3 months I wouldn’t doubt that we will look back on this as an historic event. I’m not saying things will forever be blue skies and sunshine for Toronto real estate investors and home owners, but its clear that in the […]
If you have been reading this blog and following the Toronto condo market for any length of time you know that sales are up, prices are up and generally everyone is feeling and acting very bullish on the market right now. Traditionally, this time of year is when the market starts to slow down and […]
The biggest story in the Toronto condo market over the past 6 months has been the disparity between supply and demand. Simply put, inventory (condos available for sale) is at an all time low, and demand is at an all time high. This has been a recipe for rapid price appreciation, frenzied buying, and sellers […]
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 […]
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 […]
I love my overseas clients. They have such a different perspective on the Toronto condo market than we locals do. In general, they are far more optimistic and excited about the future potential of our city than we ourselves often are. They understand that the Toronto condo market is special. I was meeting a new […]
Real estate prices to keep rising in GTA House prices in the GTA will continue to soar next year, according to RE/MAX realtors. I want to read the full article. These were Canada’s biggest real estate stories of 2015 here were calls for a Canadian housing market correction last year, but in 2015 they reached [...]
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 […]
Buyers Take a Beating in June
July 8, 2009 / by Andrew la Fleur / Insights
The headlines all proclaim that June was the “best month on record“, but if you were a buyer in the month of June, you’d probably disagree. As usual, let’s take a look at the numbers just for downtown condos. In C01 (downtown west) let’s compare the June numbers from the past 3 years: SALES: 2007 […]
Read more
History In The Making?
July 27, 2009 / by Andrew la Fleur / Insights
The Toronto real estate market has undergone such a massive turnaround over the past 3 months I wouldn’t doubt that we will look back on this as an historic event. I’m not saying things will forever be blue skies and sunshine for Toronto real estate investors and home owners, but its clear that in the […]
Read more
Condo Market About to Explode
November 9, 2009 / by Andrew la Fleur / Insights
If you have been reading this blog and following the Toronto condo market for any length of time you know that sales are up, prices are up and generally everyone is feeling and acting very bullish on the market right now. Traditionally, this time of year is when the market starts to slow down and […]
Read more
Inventory Relief Coming Soon
January 4, 2010 / by Andrew la Fleur / Insights
The biggest story in the Toronto condo market over the past 6 months has been the disparity between supply and demand. Simply put, inventory (condos available for sale) is at an all time low, and demand is at an all time high. This has been a recipe for rapid price appreciation, frenzied buying, and sellers […]
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
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
Is Toronto Special?
February 18, 2011 / by Andrew la Fleur / Insights
I love my overseas clients. They have such a different perspective on the Toronto condo market than we locals do. In general, they are far more optimistic and excited about the future potential of our city than we ourselves often are. They understand that the Toronto condo market is special. I was meeting a new […]
Read more
The Toronto Condo Market This Week (December 11, 2015)
December 11, 2015 / by Andrew la Fleur / News
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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