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Toronto Real Estate Market News

The Rate Cut Impact

March 12, 2020

The Bank of Canada announced a 50 basis point rate cut last Wednesday.  The Big Six banks followed to match shortly after.  The new prime rate is now 3.45%.

What do you think the rate cut is going to do to our market?

Dan is going to share some news and opinions with you on the impact.

The Coronavirus Impact

March 5, 2020

"Now that stocks were plummeted globally by the Coronavirus crisis, will it have any effect on Toronto real estate?"

Facts in, emotions out.

Dan is going to share a research report by the Real Estate Investment Network on the Coronavirus impact.

A Warning on Price Per Square Foot

February 27, 2020

Price per Square Foot (PSF) can be very misleading if you use it to determine which condo is a better investment.

In this video, we will go through the process of how to compare 2 condos.  Both are very good opportunities, at prime locations and available at the same time.

You're not sure which one is better...

Builders' Secret Investment in Toronto

February 20, 2020

What's the difference between condos and apartments in Toronto?

Builders have been building mostly condos all these years.

But, a few weeks ago, Toronto Star has this headline:
"Construction of rental apartments at the highest level since the 1970s".

What is happening?

Ready for a Disruptive Decade?

February 13, 2020

In this coming decade, we're going to unfold into an era of electric vehicles, artificial intelligence, advanced robotics and driver-less everything.  It promises to be a decade of disruptive changes.

What about in real estate?

The price gap between high-rise and low-rise homes is really shrinking, with both hovering around the million dollar mark.

Do you think more people will start shifting back to low-rise?

Toronto Condo Investors are in RED

January 23, 2020

To start 2020, Toronto Star published an article with an alarming headline:

"Condo prices are set to put many investors in the red as rents fail to meet carrying costs, experts warn"

Should you be concerned?

The Next Breakthrough for 
Dying Malls

January 16, 2020

The online world is hitting the retail sector big time.  Many malls are dying.  Is there a way out?

In this video, I'm going to share with you a major breakthrough for the malls in Toronto.

Why is Toronto the King of North American Real Estate?

January 2, 2020

The number of cranes in Toronto is more than New York, Los Angeles and Chicago combined!

In this video, I'm going to share my view with you based on actual data and indexes.

No More Airbnb for Condo Investors

December 5, 2019

Do you know that Toronto has a new regulation on short term rentals?

If you are running Airbnb rentals from your investment condo...
You're done.   No more. 

How is this going to impact the long term rental market?

Toronto Market Outlook 2020

November 28, 2019

2017... The craziest year in Toronto real estate. 

2018... Roller coaster drop from the peak.

2019... Where are we now compared to 2017?

2020... Which direction are we heading?

#1 Reason for Explosive Demand

October 10, 2019

The Toronto Real Estate Board just released the September 2019 Market Watch Report.

The general trend is up, again.

I'm going to share the #1 underlying reason for the continuous growth in Toronto real estate.

How Will the Tech Boom Drive 
Real Estate?

September 5, 2019

Do you know that Toronto now ranks #3 for Tech Talent in the entire North America?  How is it going to affect you?

I'm going to share interesting data on cost of living, business costs, influx of global workers and immigrants, demand for office space and residential housing.

2019 June Market Update

July 11, 2019

The 2019 market is... expensive.

So did people step aside, just wait and see what happens?

Did prices come down? 

What about rent?
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CONDOWONG REAL ESTATE INC., BROKERAGE © 2020. All Rights Reserved

CONDOWONG REAL ESTATE INC., BROKERAGE 
© 2020. All Rights Reserved

Toronto Head Office
328 Hwy 7 E, Unit 20
Richmond Hill, ON L4B 3P7

Hong Kong Branch Office
15/F, Soundwill Plaza II - Midtown
1-29 Tang Lung Street, Causeway Bay

Office Phone / WhatsApp: +1 905.882.6882
Email: admin@CondoWong.ca
Toronto Head Office
328 Hwy 7 E, Unit 20
Richmond Hill, ON L4B 3P7

Hong Kong Branch Office
15/F, Soundwill Plaza II - Midtown
1-29 Tang Lung Street, Causeway Bay

Office Phone / WhatsApp: +1 905.882.6882
Email: admin@CondoWong.ca