How High can Toronto Condo Prices Go?

28 September 2011

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

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.