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  1. T

    Baby, we got a bubble!?

    This link gives you the average sales and prices from 1967-2012 (the 2013 and 2014 data you can get from the January releases). I obtained the 1964-1966 stats from a different source and will try to dig up a link. If you look at price appreciation per decade on average its 15% for the...
  2. T

    Baby, we got a bubble!?

    http://www.torontorealestateboard.com/market_news/housing_charts/index.htm
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    L Tower Condos (Cityzen, Castlepoint Realty, Fernbrook Homes) - Real Estate -

    Hey Xeno. The developer had that one and den that sold on MLS. Great work IMO by the developer to establish value and provide sold comparables. I have counted about 20 real assignments, including what is available at the sales office. But some of those are just realtors placing bogus...
  4. T

    Toronto L-Tower | 204.82m | 58s | Cityzen | Daniel Libeskind

    Thanks! Appreciate the pics..
  5. T

    Baby, we got a bubble!?

    1930's pricing coming soon guys.. eyeroll Best of luck with your portfolio.. 8% a year is the average gain from 1964-2013 according to TREB. See you next year when your another 8% behind.
  6. T

    Baby, we got a bubble!?

    There have been several new condo releases this year - YC, Yonge Dundas, another one in the Church corridor area. Just the sales volumes from new releases this year have so far decimated numbers for the same period last year.
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    Baby, we got a bubble!?

    Oh CN. No wonder you are misguided, you are still looking at early 2013 stats! Please go out and educate yourself on how the market has changed since then and only then can you provide some value here. The link I forwarded was from TREB and was released today for this months performance...
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    Baby, we got a bubble!?

    +16% increase in sales for 416 condos! +5% prices what is more interesting is townhomes +27% in prices! There is now a large gap of about 200k between average price of a condo and average price of a townhouse in 416.. look for sharp increases in condos...
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    Baby, we got a bubble!?

    I agree.. People definately need a place to live Because of population growth from now until 2036, the Gta will need 35-40% more residential dwellings than it has now.
  10. T

    Baby, we got a bubble!?

    Oh misguided nrb.. look at the last few months of sales numbers. Its quite the opposite. Adjusted figures show Increases in sales figures and prices in 416 condos... which usually signals that there is some sort of demand out there. Mid Feb numbers will be out this week .. expect the same...
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    Baby, we got a bubble!?

    http://business.financialpost.com/2013/12/12/toronto-housing-prices-to-double-over-next-25-years-study-predicts/ A little aggressive imo.. but they are on the right track
  12. T

    Baby, we got a bubble!?

    Anyone can purchase real estate here.. there are many people that buy real estate that have never been to Canada. From what I'm seeing in recent pre-construction launches this trend will continue. Elimination of the program will not have any impact.
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    L Tower Condos (Cityzen, Castlepoint Realty, Fernbrook Homes) - Real Estate -

    I heard from the sales office that they sold a mid-floor one and den with parking for over $800 a square foot. Good news for all and seems like there is strong demand for this high end building.
  14. T

    Baby, we got a bubble!?

    http://ca.finance.yahoo.com/news/low-canadian-dollar-39-complicated-120000831.html Essentially those who are buying Canadian property with USD EURO or GBP are getting a double digit discount. Its better to be in than out
  15. T

    Baby, we got a bubble!?

    The investor program has been closed to applicants for years. Jim just woke up.. =p Has no impact on the market.
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    Looking at condo downtown – status certificate says 80% of units are rented...concern

    I owned in this building (bought precon in 2007) sold last year. The building is well run but in suite finishes are suited for cheaper rentals. I would choose another area downtown if you are looking for upside or if you need this location look at west harbour. That's the best building in this...
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    Baby, we got a bubble!?

    The recent devaluation of the CAD dollar represents an 8-10% discount for foreign buyers over last year.
  18. T

    Baby, we got a bubble!?

    http://www.fin.gov.on.ca/en/economy/demographics/projections/ Interesting population projections. Any thoughts on what real estate values will do if population increases 40% by 2036?

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