When investing in a pre-construction condo, a question that always comes up is: “Is it better to buy on a lower floor, and pay a lower price, or to buy on a higher floor but pay a higher price?” So let’s try to answer that classic, shall we? Background When selling a building in […]
I attended a very informative and interesting seminar last night at the Market Wharf sales office. The event was put on by Context (the developer behind Market Wharf, Spire, Radio City) and was billed as a ‘Buying a Condo Seminar’. It was open to anyone who is on Context’s marketing email list. Normally I avoid […]
Andrew la Fleur sits down with Ben Myers, the VP of Market Research & Analytics at Fortress Real Developments. Listen to them discuss the state of the condo market across Canada, the "condo bubble" theory, and the Blue Jays chances this year. Interview Highlights 0:50 iTunes Podcast Reviews of the Week 3:20 Who is Ben [...]
ScotiaBank released their Real Estate Trends report today. Check it the full report here. Excerpt from the report: ” Canadian real estate markets remain remarkably buoyant, especially in light of the deepening housing downturn in the United States and the generally softening conditions in most other advanced economies globally. Housing starts totaled 228,343 units in […]
TREB released their data for sales in the GTA for the first half of July and the numbers are consistent with everything from 2008 thus far. Sales are down from 2007 numbers (-11%), but prices are still on the rise (+1%), albeit very slowly. Here is the full release from TREB: TORONTO, July 17, 2008 […]
August 22, 2008 / by Andrew la Fleur /Insights, News
Interesting article in today’s Globe and Mail about more anecdotal and factual evidence that the Toronto resale market is slowing down. Agents are starting to see conditional offers more and more, negotiations are actually taking place, and sellers who price their property too high are getting a rude wake-up call to the new realities of […]
August 26, 2008 / by Andrew la Fleur /Insights, News
When it comes to real estate statistics, I always take everything with a grain of salt. Fact is, most real estate statistics are compiled and released for general media consumption by the real estate industry: Real Estate Boards, CMHC, Real Estate Marketing companies, Realtors, Lenders, etc. They have a vested interest in a robust housing […]
We are in the midst of a global financial crisis. People are naturally concerned about their jobs, their finances, their investments, and of course – REAL ESTATE. I am getting asked constantly by friends, family, and clients: How is the market? Are prices coming down? Is the Condo Market Crashing?
The numbers are in for November and it isn’t pretty.  TREB just released their sales figures for the month of November and unlike last month, we can now say that for the resale downtown condo market, prices have fallen.  Let’s just get right into the numbers.
Condo Investment: Is it Better To Buy On A Higher Floor or Lower Floor?
June 24, 2014 / by Andrew la Fleur / Insights
When investing in a pre-construction condo, a question that always comes up is: “Is it better to buy on a lower floor, and pay a lower price, or to buy on a higher floor but pay a higher price?” So let’s try to answer that classic, shall we? Background When selling a building in […]
Read more
Where is the Toronto Condo Market Heading?
October 8, 2008 / by Andrew la Fleur / Insights
I attended a very informative and interesting seminar last night at the Market Wharf sales office. The event was put on by Context (the developer behind Market Wharf, Spire, Radio City) and was billed as a ‘Buying a Condo Seminar’. It was open to anyone who is on Context’s marketing email list. Normally I avoid […]
Read more
How to Analyze The Condo Market Like A Pro with Ben Myers
June 25, 2014 / by Andrew la Fleur / Podcast
Read more
ScotiaBank Releases Real Estate Trends Report
February 26, 2008 / by Andrew la Fleur / Insights
ScotiaBank released their Real Estate Trends report today. Check it the full report here. Excerpt from the report: ” Canadian real estate markets remain remarkably buoyant, especially in light of the deepening housing downturn in the United States and the generally softening conditions in most other advanced economies globally. Housing starts totaled 228,343 units in […]
Read more
Toronto Real Estate Market: Sales Still Down, Prices Still Up
July 18, 2008 / by Andrew la Fleur / Insights
TREB released their data for sales in the GTA for the first half of July and the numbers are consistent with everything from 2008 thus far. Sales are down from 2007 numbers (-11%), but prices are still on the rise (+1%), albeit very slowly. Here is the full release from TREB: TORONTO, July 17, 2008 […]
Read more
Toronto Resale Market Slows; New Developments to Follow?
August 22, 2008 / by Andrew la Fleur / Insights, News
Interesting article in today’s Globe and Mail about more anecdotal and factual evidence that the Toronto resale market is slowing down. Agents are starting to see conditional offers more and more, negotiations are actually taking place, and sellers who price their property too high are getting a rude wake-up call to the new realities of […]
Read more
July Statistics for New Condo Sales
August 26, 2008 / by Andrew la Fleur / Insights, News
When it comes to real estate statistics, I always take everything with a grain of salt. Fact is, most real estate statistics are compiled and released for general media consumption by the real estate industry: Real Estate Boards, CMHC, Real Estate Marketing companies, Realtors, Lenders, etc. They have a vested interest in a robust housing […]
Read more
Is the Toronto Condo Market Crashing?
November 6, 2008 / by Andrew la Fleur / Insights
We are in the midst of a global financial crisis. People are naturally concerned about their jobs, their finances, their investments, and of course – REAL ESTATE. I am getting asked constantly by friends, family, and clients: How is the market? Are prices coming down? Is the Condo Market Crashing?
Read more
Tipping Point? Downtown Condo Prices Fall, Inventory Soars
December 5, 2008 / by Andrew la Fleur / Insights
The numbers are in for November and it isn’t pretty.  TREB just released their sales figures for the month of November and unlike last month, we can now say that for the resale downtown condo market, prices have fallen.  Let’s just get right into the numbers.
Read more