Today I want to share with my readers a press release from BILD – Building Industry & Land Development Association. They just released their sales statistics for new homes and condos sold in November. For Toronto, 789 high rise condos were sold. At first glance this number sounds pretty high, but when you hear that […]
Finally the numbers are in. TREB took a lot longer than usual to release the final sales numbers for the month of December, maybe because they were so painful to look at they had to double check them several times, hoping they would magically improve themselves. 🙂 Here are all the gory details.
January 27, 2009 / by Andrew la Fleur /Insights, News
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] The final sales figures for new condos from Realnet are in for the December and the year 2008. In short, prices are still going up, while sales have dropped off significantly. [Note: these numbers are for new condos. For resale condos, see my previous […]
TREB has their January stats up for resale properties. Looking at the numbers for downtown condos it is now very clear: we are in a serious buyer’s market.ÂÂÂ
It’s that time of the month again, TREB just released their stats for February. The numbers aren’t as painful to look at as in the previous few months, but does this mean we are on the way to recovery?
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] Realnet has released the sales figures for new condos for the month of January. Prices are still increasing despite the fact that the number of sales continues to be significantly lower than a year ago. Prices are up 8% for high rise condos while sales […]
We are in the middle of a mini-bull market in the resale property market downtown. When TREB released their mid-month statistics last week, many people were surprised that they showed for the first time in a year that prices and sales were actually higher for the city of Toronto than they were a year before. Realtors […]
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 […]
After nearly a year of massive declines in sales and stagnant or falling prices, it seems that new condos are back. Urbanation’s sales figures for Q2 2009 show a dramatic change from Q1. We aren’t back to the hedy days of 2007-2008, but 2963 units sold sounds a heck of a lot healthier than the […]
New Condo Sales for November 2008
December 23, 2008 / by Andrew la Fleur / Insights
Today I want to share with my readers a press release from BILD – Building Industry & Land Development Association. They just released their sales statistics for new homes and condos sold in November. For Toronto, 789 high rise condos were sold. At first glance this number sounds pretty high, but when you hear that […]
Read more
Sales Down. Prices Down. Inventory Up & Down?
January 9, 2009 / by Andrew la Fleur / Insights
Finally the numbers are in. TREB took a lot longer than usual to release the final sales numbers for the month of December, maybe because they were so painful to look at they had to double check them several times, hoping they would magically improve themselves. 🙂 Here are all the gory details.
Read more
Price of New Condos Holding Strong Despite Plummeting Sales
January 27, 2009 / by Andrew la Fleur / Insights, News
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] The final sales figures for new condos from Realnet are in for the December and the year 2008. In short, prices are still going up, while sales have dropped off significantly. [Note: these numbers are for new condos. For resale condos, see my previous […]
Read more
2009 Begins As a Buyer’s Market
February 6, 2009 / by Andrew la Fleur / Insights
TREB has their January stats up for resale properties. Looking at the numbers for downtown condos it is now very clear: we are in a serious buyer’s market.ÂÂÂ
Read more
Signs of Life? February Condo Market Stats Have a Pulse
March 5, 2009 / by Andrew la Fleur / Insights
It’s that time of the month again, TREB just released their stats for February. The numbers aren’t as painful to look at as in the previous few months, but does this mean we are on the way to recovery?
Read more
New Condo Sales Still Down; Prices Still Up
March 3, 2009 / by Andrew la Fleur / Insights
[**CHART REMOVED DUE TO COPYRIGHT CLAIM BY REALNET CANADA INC.**] Realnet has released the sales figures for new condos for the month of January. Prices are still increasing despite the fact that the number of sales continues to be significantly lower than a year ago. Prices are up 8% for high rise condos while sales […]
Read more
Supply and Demand
May 28, 2009 / by Andrew la Fleur / Insights
We are in the middle of a mini-bull market in the resale property market downtown. When TREB released their mid-month statistics last week, many people were surprised that they showed for the first time in a year that prices and sales were actually higher for the city of Toronto than they were a year before. Realtors […]
Read more
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
New Condo Sales Back From The Dead
August 4, 2009 / by Andrew la Fleur / Insights
After nearly a year of massive declines in sales and stagnant or falling prices, it seems that new condos are back. Urbanation’s sales figures for Q2 2009 show a dramatic change from Q1. We aren’t back to the hedy days of 2007-2008, but 2963 units sold sounds a heck of a lot healthier than the […]
Read more