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  1. BMyers

    Baby, we got a bubble!?

    I think it is only a matter of time before we see more kids in downtown condos with rising low-rise house prices, inadequate transit and congested highways. But the city needs more daycare facilities, and more kid-friendly amenities. Hopefully my fellow developers begin to add these features to...
  2. BMyers

    Baby, we got a bubble!?

    They know how many total condos are leased via CMHC's annual survey. They know how many units are leased through MLS annually. They have a general idea of the turnover time (or average duration of rental stay) by looking at "same unit" transactions on MLS. And they made a guess. It's not...
  3. BMyers

    Baby, we got a bubble!?

    Over 27,000 condos rented on MLS last year. Urbanation has estimated that this is about 80% of total activity. This is a very representative sample, and likely very close to what is actually happening. The "same sample" data show an increase of 3% annually (excludes all units registered over the...
  4. BMyers

    Baby, we got a bubble!?

    Good time to be a condo investor, rental rates up 7% year-over-year: http://www.theglobeandmail.com/real-estate/the-market/toronto-condo-rents-soar-68-in-first-quarter-report/article29628481/
  5. BMyers

    Toronto Maven | 26.52m | 7s | Empire | Rafael + Bigauskas

    Demo finally happening, a bit of a slog.
  6. BMyers

    Baby, we got a bubble!?

    Thanks for your support DearSummer. getting back on topic, here is an article I wrote on foreign home ownership for the Huffington Post: http://www.huffingtonpost.ca/ben-myers/is-a-ban-on-foreign-buyer_b_9567448.html
  7. BMyers

    Baby, we got a bubble!?

    Johnzz, Thank you for defending me, however take a look at the back of the Market Manuscript report, my resume stands for itself - I think I have the pedigree to comment on the health of the Toronto housing market and I'm bullish because the data backs up those statements. And if someone...
  8. BMyers

    Baby, we got a bubble!?

    Thanks for the kind words Johnzz, I make an attempt to back up the statements I make with data. You might like this interview I did as well with the Toronto Star: The Truth about the Canadian Housing Market
  9. BMyers

    Baby, we got a bubble!?

    If anyone is having trouble sleeping, download my latest report on the Canadian and Toronto housing markets: http://fortressrealdevelopments.com/news/the-market-manuscript-by-ben-myers-fall-2014/ I love to hear anyone's comments on the above report or any of the articles below: Big Data with...
  10. BMyers

    Toronto Spadina Adelaide Square | 185.1m | 58s | Fengate | Arcadis

    Majority will be residential.
  11. BMyers

    Baby, we got a bubble!?

    I posted the R-values. So anything over 0.5 would be considered statistically significant. I'd normally be happy to send you the data to look at, but it is subscription data from Urbanation, so I'm not allowed to forward.
  12. BMyers

    Baby, we got a bubble!?

    I wrote an article for you in the New Condo Guide! Are Realtors Biased? http://issuu.com/wall2wall/docs/tcg_1614/44
  13. BMyers

    Baby, we got a bubble!?

    Not sure, REIN selects the graphics, I just submit the articles. Other articles were more traditional stock photos: http://magazine.reincanada.com/2014_Issue2/#p=30 / http://magazine.reincanada.com/2014_Issue5/#p=22 Figured I'd include some econometric analysis in the report you referenced...
  14. BMyers

    Baby, we got a bubble!?

    Just in case some of you are really bored on a Friday, here are a few articles and blogs to read: http://fortressrealdevelopments.com/news/what-canadian-housing-bears-dont-want-you-to-know/ http://blog.reincanada.com/how-to-assess-condo-investments-using-real-data or with pictures here...
  15. BMyers

    Toronto King Blue by Greenland | 155.75m | 48s | Greenland | Arcadis

    Word is it has been flipped to another developer.
  16. BMyers

    Baby, we got a bubble!?

    CN, I come onto this forum because I like to talk real estate, not to solicit business. I have posted a link to a Fortress Real Capital project because I'm just such a big fan of Symmetry, the project is in my neighbourhood, and I want people to see that if they love great architecture, they...
  17. BMyers

    Baby, we got a bubble!?

    values at Lumiere have rivalled Murano and Burano, with units trading between $690 and $725 psf, which is significant as it wouldn't achieve the same view premiums being shorter than many of the surrounding projects. it likely doesn't get the same attention as the Lanterra, Canderel or...
  18. BMyers

    Baby, we got a bubble!?

    I suggest you get your facts straight, because some of your comments on Urban Toronto are slanderous. You will hear from our lawyers if this continues and that will be the last I will say on the matter. If you want to continue to troll me every time I post on here, feel free, but I will continue...
  19. BMyers

    Baby, we got a bubble!?

    I make it a point to trust folks with Booty in their screen name! I have to agree with Mike & condo George on this one (please save the you're biased because you're in real estate comment, heard it, I evaluate the numbers and have nothing to do with this project or this developer) Here is the...
  20. BMyers

    Baby, we got a bubble!?

    I discuss my thoughts on a bubble in the Toronto condominium market in this podcast released today: Click here to listen

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