September 2019

Why you shouldn’t buy!

Toronto is booming with new residential condo towers filling the horizon as far as the eye can see. Anyone and everyone is talking about their hottest and latest condo purchase, and smart investment decisions. Is putting your fortune up in the sky really the smartest decision? We are here to tell you all the REASONS WHY YOU SHOULDN'T BE BUYING PRE-CONSTRUCTION CONDOS.    1. Value...

The Yorkville Vibe

What is now one of Toronto’s most expensive neighbourhoods was once a hot spot for youth looking to rebel and create a lifestyle of their own. Yorkville was “where the discipline of parents, the strain of formal education and the hypocrisies of an adult world are discussed, chewed, rebelled against,” Toronto Star reporter Wendy Darroch wrote in 1966. “It is here they can meet on common ground. They...

Market Update: September 2019

Toronto New Condo Prices Rise, While Detached Losses Get Bigger Greater Toronto new home sales are picking up, but buyers are mixed on prices. Altus Group data shows new home sales across Greater Toronto made a double digit climb in July. Even with the rise in sales, trade volumes are still light this year. Prices followed with a mixed move – condo prices accelerating gains, and detached prices...

Where will the real estate market be, 5 years from now?

If you’ve followed Toronto’s new condominium market over the past 10 years, it’s been quite a ride. At the start of 2009, it was all doom and gloom, as the U.S. housing market crash and global contagion had the Toronto development industry players holding their breath. Forecasts called for 4,000 new condo sales in the Greater Toronto Area (GTA) that year, and with 930 sales in the first quarter,...

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