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Inventory Relief Coming Soon

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 […]

Condo Market About to Explode

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 […]

History In The Making?

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 […]

Buyers Take a Beating in June

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 […]

You Should Have Bought 2 Months Ago

The Toronto condo market is hot right now. No seriously, it is. After months of writing to my readers about how slow the market has been, there has been a fundamental shift in the marketplace over the past 4 weeks. Multiple offers are back with a vengeance. The best properties are selling over asking and […]

How Bad is The Market? Not "That" Bad

“How’s the market doing?” It’s the classic question that I get asked daily from clients, friends, family, and even strangers. No one wants to know how I’m doing or how the family is, it’s all about THE MARKET! The current assumption right now is that the market is bad. Really bad. It seems the various […]

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