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Toronto condo owners may have the chance of a lifetime, according to one industry veteran. The time to move up may be now. At least according to one mortgage broker, who argues the current Toronto market favours condo owners over detached home owners. “I absolutely think there are opportunities; it’s a buyer’s market right now […]
Toronto bidding wars turn to homebuyers’ remorse as market gets nervous Toronto’s hot housing market has entered a new phase: jittery. After a double whammy of government intervention and the near-collapse of Home Capital Group Inc., sellers are rushing to list their homes to avoid missing out on the recent price gains. The new dynamic […]
Earlier this week we saw a piece on the divergence of supply and demand in Toronto’s detached market. A number of real estate agents sent us some hate mail to say a couple of months doesn’t mean anything, along with some not so cute nicknames for us. Then I saw institutional investment advisor (and one […]
A Housing Market Analogy. In its first release since Ontario’s new housing plan, TREB releases Toronto market stats and provides update on influence of foreign buyers and short-term speculators. A total of 11,630 homes were sold in the GTA in April, down 3.2% year-over-year. New listings, meanwhile, were up 33.6%, according to the Toronto Real […]
Toronto Real Estate From A Population Growth Perspective. We’ve been getting a ton of emails since we published a piece on using a data driven approach to buying Canadian real estate. Most people wanted us to elaborate on population projections, and buyer/seller flows. This data point helps to understand fundamental demand for housing, vs artificial […]
