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Maybe I should list some facts about the North Pole to help support my view of the Toronto condo market…

DearSummer, If you’re attempting to discredit Ben’s report, you might want to focus on actual facts. Your post is basically meaningless.

Hi Ben, Excellent report, thank you for sharing! This is one of the best and most detailed explanations why we don’t have a condo “bubble†in Toronto. I couldn’t agree more.

This is the first bank economist report I’ve seen which looks beyond the typical “over supply†housing theory and discusses real life dynamics of the market. Up to now, they haven't understood why prices continue higher, only that it must be a housing bubble. Limited supply from green...

I couldn't agree more! I'd even take it further and say, from that vantage point, with setting sun, Aura is the best looking building in Toronto.

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Wow!

The sales center has been closed for two weeks now. Has anyone seen activity on site? I’m itching for this one to get started.

Great photo Panontario, thanks!

Web cam, sorted. http://www.collegeparkcondos.com/webcam.html

I wonder, could that unit be a "hoist" unit? Strange that it would have a later occupancy date then the top condo corp. Thank you KA1. My unit is just shy from the top and I’ve received the same occupancy date. I guess they’ve issued that date for the entire top section (56th-79th)...

Hey Ka1, when is your estimated occupancy date now?

Fundamental indicators such as?

Here’s a detailed analysis debunking the myth that Canadian house prices are overvalued: http://www.wdunning.com/docs/Bubble-report-2014-03-12.pdf The research is also mentioned in this article...

A similar phenomenon is occurring here in the UK (and many other cities globally). Housing shortage + low interest rates = high price increases. London property prices are up 10% in the last 6 months alone. Those calling for higher interest rates near term are completely misguided. Global...

The plot thickens...

Well, I posted the above comments in this thread last January. It's been a year now so let's review what's happened: http://www.torontorealestateboard.com/market_news/market_watch/2013/mw1312.pdf The average GTA price increased 8.9%, from $477,756 to $520,398. Condominiums in the 416...

My “insane†comment is referring to the physical condition of the street only. Are you proud of the cracks, bumps and center lines which aren’t even straight? The city can do a much better job here, particularly for such a high profile road. In my opinion, your picture highlighted...

Yonge Street looks like a third world street here. Such a shame...

So maybe they're just temporary signs to help sell the last few units??