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condo crisis: Toronto Vacancy Factor is at 1% - 02/09/12 12:37 PM
With all the talk about Toronto Condo Bubbles, Housing Bubbles and all the informed conversations online about HOW the Real Estate and condo market in TO will collapse this year; I offer this simple answer.
  Toronto has a vacancy factor of less than 1% Yes 1%   This article from Forbes magazine posts in very graphic fashion the vacancy factors in major US cities that have exceeded 14% and actually have broken the figures down separately for homes for sale. This is further impacted by the homes repossessed under foreclosure but not yet released for sale by the bank.   … (0 comments)

condo crisis: Housing Bubble Talk is Rampant in Toronto - 06/09/10 11:04 AM
Continuing Housing Bubble Rhetoric Toronto   The Bubble Heads are determined to prove to you that thehousing marketis going to collapse. As long as you are nervous, you are listening to their rhetoric and are buying in to their the glass is half empty philosophy. Click here to enlarge the chart to the right to see how Mortgage defaults have increased in Canada. The Chart indicates that in 2005 the number of mortgage defaults in Ontario was 0.25% and this has steadily increased to 0.42% as of January 2010. This is in stark contrast to my understanding of the American Mortgage Crisis where; a) … (4 comments)

condo crisis: Impending Condo Crisis Toronto Real Estate - 12/21/08 09:05 AM
Don't hold you breath for the Investors Condo sell-off.Buy to Rent Market is a bubble about to burst. There's no question about it - mortgage costs are rising, lenders are slashing their loan books and all those greedy landlords are about to get it in the neck.This is the typical view of many outside the property world and quite a few with a good deal of insight into bricks and mortar - but I'm not so sure.The theory is that with house price falls starting to register, Listings and Assignment of Purchase Agreements will start selling/posting up en masse, and one … (2 comments)

 
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David Pylyp

Toronto, ON

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RE/MAX Realty Specialists Inc.,

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