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The foreign investors put "all inventory up for sale" narrative is ridiculous, didn't happen in 2009 and won't happen. The reason why these folks have money to divest in out of country real estate is because they know how to invest, and you don't sell when the market is down. Many of these...

Who in their right mind would invest in a rental building with Neilas? http://hirisecapital.com/40-widmer/ It took them like 7 years to build 6 storeys at Cube. Should take them 50 years to build this!

Had to make it rental, because they knew this was coming! http://www.tarion.com/About-Tarion/Pages/Information-about-UrbanCorp.aspx

Plenty of developers in Canada have gone Bankrupt or belly up in Canada. Ever heard of Bramalea? Go ahead and stick your head in the sand and pretend everyone that works in real estate in Canada is rich, if that fits your narrative.

Building high-rise condos is very risky, that is why they make a lot of money. You want to be a Calgary condo developer right now? Borrow $10-$20 million for land and upfront costs and don't see a dime of profit back for 7 years, not the kind of business I could ever stomach.

There is not a Peter Clewes designed condo in this city that I'm not impressed with, I'm not too concerned.

It needed to be at least 4 blocks further east. That stretch scares me.

Toronto condo starts booming again http://www.thestar.com/business/2015/09/09/toronto-condo-starts-fuel-august-housing-numbers.html

The media knows exactly what to write about to get people to read the article: bubbles and foreigners get people's attention. Yawn, read this article for the past 10 years.

It's been a while since we've seen any activity in this hood, hopefully it sells.

We might have a national recession, but I don't think Toronto is in one.

Curious what a "normal" condo market is Toronto is from your perspective

Raise interest rates = housing correction because people can't afford their houses anymore and will default. Lower interest rates = future housing correction because prices rise too quickly, speculators come in and house of cards folds in on itself. Keep interest rates the same = housing...

I assume this is James? http://www.lambdevcorp.com/james.php

These are measures of affordability, not value. Value is determined by Supply and Demand. How do the above charts consider supply?

I want to see if the locals go ape shit over this one.

Why the sky still isn’t falling on Canada’s real estate market - http://business.financialpost.com/investing/why-the-sky-is-still-not-falling-on-canadas-real-estate-market Is the media softening on their scare tactics, second article of this kind this week! Plenty of plankton and four other...

Watch out Rockport, they are having a lawn sale! http://www.insidetoronto.com/news-story/5656373-leslieville-community-coalition-hosts-lawn-sale-to-raise-money-for-omb-fight/

Agreed, 3-storeys with two levels of rental apartments makes sense to me in that location. Hate the LCBO beige brick as well.

Pretty sure it was these guys: http://www.dc.ca/aboutus.html