How High can Toronto Condo Prices Go?

28 September 2011
Remax-Condos-Plus

As many of you know, we have long extolled the strength of the Toronto Condo Market. On many occasions we have criticized the logic of those calling for a major price correction over the past five to ten years. However, while we see no prospect of a major price drop, we do have the feeling that we are reaching the top of the mountain and there will be a levelling off of prices for 12-24 months


Error in Simplifying House Market Forecasts

07 September 2011
Remax-Condos-Plus

This week the Globe and Mail published another article from Capital Economics saying that the House Market was bound to collapse with house prices falling by 25%. I feel sorry for people who have to read this overly simplistic view and hope that they do not follow Mr. Madani’s advice and run for the hills.