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This is a great observation. In many ways it echoes what happened on Wall Street prior to 2008 where assets were packaged, sold and resold so the Wall Street titans made profit not once but 3 and 5...

And with that statement, you have hit on one big issue with housing.
Mood and people's beliefs in real estate just like the stock market are driven by fear and greed.
Anything in the middle and...

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azureray,
I am a believer in holding real estate for rental return. I appreciate the returns are not good and people argue you can make more buying REIT's. I think there are a number of...

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From the Urbanation report as from the link by ISYM:

the last sentence reads:
Resale prices were weighed down by a jump in listings during the quarter (+25%), partly as a result of an...

I don't know if recharts can post the data.

In the Post homes section today, there is an article on page 2 (sorry can't find the on line version)
Record lows, record highs by Lisa Van de Ven
...

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In fact CN Tower, only a few projects have been launched. A number shelved and a number pushed back to 2014.
In a way, this is a good thing. The developers are not stupid. They read the tea...

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recharts.
This upload is helpful as a guideline.
the rate of return unrealistic in present day.
Very few people at least as far as condos are able to get 11-12% rent on a condo. In...

sorry opened OK

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Thank you dave for helping point out the nuances in the data.

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It sounds to me azureray that you are at least factoring in for a prolonged hold which is good.
At least if you are well capitalized enough, you should be able to ride out the storm if happens.

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Maybe aureray but let me suggest to you that they will rent if it is negative cash flow.
If it is positive cash flow, bankers, lawyers and doctors will buy if they choose as these will be in a...

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I think that is a very dangerous assumption.
Rents were quite stagnant over the past 8-10 years. They are up perhaps 20%. There was a large increase the past year.
With the extra product...

Kenny is bang on.

I think you are in the $1650 to 1800 max range.

Daveto, if things stay as they are, no investor for a $1000/year loss ($86 x 12) is going to sell at a loss and will ride it...

I love Guava and follow it. I agree gives wonderful clear data but very macro...the whole city of Toronto.

However I would suggest the last 10 years have been very good with continued improvement...

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Your arguments are sound.
I don't see much room for increase. I am still not sure there will be large decreases however again until something changes.
Interest rates will not go up...

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One further thought about the data...a theory if you like.

I think doing the data with new listings of 30 days and under will provide the most accurate data. When listings get beyond 90...

Recharts.

This map with less data is much easier to interpret.

The other map had a lot of overlapping data I found and so could not fully follow it.

I do not know if Teranet has specific...

recharts.

First let me commend you on what is obviously a major undertaking.

That said, I agree that 2200 of 2900 listings under asking price shows softening of the market compared to the...

Echoing that thought without actual data.
Toronto in 1986-1989 more than doubled and almost tripled as I recall. Then it fell down from 1989 to 1992/3 and moved minimally from 1993-1996 when it...

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That was my experience when I bought at 140 Simcoe. Overall very pleased. Bought 1 to rent out and 1 for personal family use.
Bought 1 at KWL for another family member though may end up...

PinkLucy
Did you buy in KWL as well?
I believe you mentioned previously you bought at West Harbour of Plazacorp.
And if you did the above, are you planning on leaving KWL or are you going to sell...

Pink Lucy,
I am guessing perhaps because there are so many investors in these new condos renting out units that it takes time to get the listing up and the place rented so there are a lot of units...

to Pink Lucy.
I do not have a PDI date yet.

To shlammed.
I don't know for sure but I believe 26 or so apartments/floor.
I would think elevators may become the limiting factor. Assuming2-3...

2 days is insignificant.
I would think unless it is the end of June, the 8th floor estimate seems a bit rich to me. On the other hand, if they are filling the 4th floor, perhaps they can do a floor...

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I just got a notice postponing my occupancy by 2 days from Aug 20 to Aug 22 on Floor 12 in 85 East Liberty.