Tag Archives: toronto

Tour through the board stats: March 2011

It’s that time of the month again.  Time to turn our eyes to the month end sales data from the big real estate boards.  Frankly these numbers may well be meaningless until a clear trend can be established next month.  … Continue reading

Posted in Real Estate | Tagged , , , , , , , , | 26 Comments

Tour through the board stats: February 2011

It’s that time of the month again.  Let’s once again turn our eyes to the stats released by the big real estate boards and look for developing trends. You may recall that finance minister Jim Flaherty announced new mortgage rule … Continue reading

Posted in Monthly real estate board stats, Real Estate | Tagged , , , , , , , , , , , , , | 19 Comments

More signs of a coming condo glut

As I’ve noted before, the Toronto condo market is near its saturation point and looks set for a fall.   The city currently has 286 active condo projects currently underway, representing 73,953 units — by far the most of any city … Continue reading

Posted in Real Estate | Tagged , , , , , , , , , , | 7 Comments

Public sector and their unions put on notice; Humourous commentary about ‘bubblebloggers’

Public sector and their unions put on notice I can’t help but think that the coming age of Canadian austerity will likely begin in Ontario.  After right-wing, union-busting Rob Ford captured the former liberal stronghold of Toronto with a ‘Stop … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , , , , , , , , , , , , | 34 Comments

Employment numbers rocking!; Building permits rise on new Ontario condo projects; Big banks begins hiking rates; Ignatieff warns on housing market risks

Employment numbers decidedly above expectation Expectations of 20,000 new jobs added in January were fully blown out of the water by the 69,000 new jobs added by the Canadian economy.  Very impressive stuff. If we dig beneath the surface we … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , , , , , , , , | 16 Comments

Quick tour through the board stats: January 2011

It’s that time of the month again.  Let’s dive into the monthly board stats and see how things are shaping up.  The board press releases can be found by clicking on the city name. Victoria Residential sales totaled 339, a … Continue reading

Posted in Monthly real estate board stats, Real Estate | Tagged , , , , , , , , , , , , , , , , | 13 Comments

Demographia Housing Affordability Survey released

7th annual Demographia Housing Affordability survey released Demographia has released its 7th annual housing affordability survey.  The report examines the housing markets across the English speaking world by comparing the mean multiple (essentially the house price to income ratio) of … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , , , | 23 Comments

Toronto condo data; China about to hit a wall?; Fiscal austerity to weigh on public sector jobs; The Age of Deleveraging; Another video primer

Toronto condo data The Toronto Real Estate Board released their most recent rental market report yesterday.  It showed both a substantial jump in rental transactions and a jump in rental inventory. “From September until the end of 2010, TREB Members … Continue reading

Posted in Economy, Real Estate, Social trends, Videos | Tagged , , , , , , , , , , , , , , , , , , | 3 Comments

Quick tour through the board stats- December 2010

It’s that time of the month again.  We once again turn our eyes to the big realtor boards and dissect the sales, inventory, and price trends in their real estate markets.  Click on the city name to see the actual … Continue reading

Posted in Monthly real estate board stats, Real Estate | Tagged , , , , , , , , , , | 28 Comments

GTA home sales weaken in December; Particular weakness out of City of Toronto

Home sales in the Greater Toronto Area had shown a significant rebound in year-over-year sales data since bottoming at a -34% reading in July.  Home sales had improved on a year-over-year basis through to November, where sales came in a … Continue reading

Posted in Real Estate | Tagged , , , , , , , , | 3 Comments