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 […]
It’s dog eat dog out there. The Toronto Real Estate Board just announced that April was the best month ever recorded for sales with 9542 sales. April 30th was said to be the best single day ever with 581 reported sales. With four months gone by so far, 2007 is 5% ahead of last year’s […]
Remember how I said April was the best month ever on record for the Toronto Real Estate Board? Yeah well, I have to retract my blog post because May completely and totally obliterated the record set by April. Like what you see? Read the rest at blogTO.com.
Check out this interesting article from the Globe and Mail on the Condo Market in Toronto. Read it here.
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 […]
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 […]