It looks like the tower is slightly rotated (clockwise direction from top) with respect to the base (podium).

Good point regarding size, but I find that newer condos tend to demand a higher price/sqft, which in the end seems to even things out.

Really good points! RT2020's argument could remain valid if domiciles were obtained for owner-occupancy. But, once investors/speculators get involved, pricing loses all sense of rational thought.

True, but the previous bull market was not driven by 2.99% mortgage rates, cashback incentives, 40-year amortization periods, professional and amateur flippers, etc. Personally, I think an asymptotic drop in prices over the next decade may be an incorrect assumption.

I am always wary of the source of my information, such as obvious conflicts of interest.

Contrary to the G&M article, the issue is not the interest rate per se, but access to credit at these rates. Look at the US right now, "absolute historically low" interest rates and still very few buying. Why? It should be painfully obvious by now. People who can't afford to buy a house are...

Wonder if there was any difference in the numbers before and after July 9th? Interesting data point...

Yes, I think most if not all Torontonians pride ourselves on how safe it is here, where we can walk around town and not fear being mugged or assaulted at gun point. Unfortunately, I fear we are a couple of shooting incidents away (for example in the Yonge-Eglington area or North York etc) from...

So speaking of bubbles...has anyone noticed the recent spike in multiple (>10) condo unit listings per building in the downtown TO core? Just coincidence?

Given the current/impending 416 condo market, along with your estimates below, what would be the threshold (% below listing) for a "low-ball offer" to be considered offensive?

If interest rates were to rise, I would dump RE in a heartbeat and put my money in something liquid (CDs, MM funds etc.) that doesn't come with LTT, realtor fees, strata fees, property taxes ...

THe elimination of both the LTT and RE agent fees would make housing so much more affordable...

I have been told that MLS.ca is delayed by a few days.

I'm curious why you would feel embarrassed by your parents' 10% tip?

Sorry you had to witness that. For a second there, I read 'bimmer' instead of bummer.