The condo craze in Toronto and the speculation of a real estate bubble has industry experts wondering how much of an impact foreign investors have on the market. Are cash-rich foreign investors really fuelling the “condomonium” in Toronto? Click here to read the full article.
Read More »Tag Archives: toronto real estate market outlook
Looks like the condo market won’t be slowing down!
Apartment valuations set to keep climbing in Ontario: report By Garry Marr, Vancouver Sun – May 23, 2012 Valuations for apartment buildings reached record levels last year and the forecast for 2012 is for the trend to continue, according to a new report on the sector which focuses on Ontario. The Rock Apartment Report Ontario notes the capitalization rate — …
Read More »Toronto Real Estate Market outlook for 2012 – The Addy Report
Following are a few thoughts that I had shared on an online forum and thought I share it with you too. Recent stats I saw regarding condos show that there is a vacancy rate of less than 1% for downtown condos. I’ve personally listed new condos in downtown and been bombarded by Renters who want to rent the condo instead …
Read More »National resale housing market further stabilizes
National resale housing activity edged higher for a second consecutive month in September 2010, according to statistics released by The Canadian Real Estate Association (CREA). Combined with a falling supply of homes on the market, the number of months of inventory also declined for the second consecutive month. Seasonally adjusted national home sales activity via the Multiple Listing Service® (MLS®) …
Read More »