Toronto real estate demand has been strong, and the condo market was no exception. According to theToronto Real Estate Board’s (TREB) most recent statistics, buyers plowed into the market sending prices to dizzying new heights. Despite bank warnings over an overheated condo market, demand exceeded Vancouver’s real estate frenzy. Toronto Condo Prices Toronto […]
demand of toronto condos
Toronto’s heated condo market looses steam in 1st quarter, 2018
Toronto’s heated condo market looses some steam due to the growing development costs and some of the condo project cancellations. They have produced some caution into Toronto’s hot condo market, and with more project terminations likely yet to come, comments Urbanation, the development research company. Urbanation found that new Toronto condo launch prices went up […]
Toronto Condo owners made large capital gains and almost half in negative cash flow
Toronto Condo owners made large capital gains. Close to 50 per cent of all investors who bought condominiums completed in the Toronto area in 2017 are not making enough rent to cover their carrying costs, despite finding exceptional gains on the value of their properties, a new study reports. Close to 44 per […]