Here's another one: http://sites.google.com/site/torontorealestatecharts :)

It's not just about interest rates. With the huge job losses we have been seeing and will likely continue to see, it doesn't really matter how low the interest rates are - people with no jobs simply can't buy properties.

It will be interesting to see how the spring market does. Many sellers are waiting for spring thinking things will be better, but they may just be in for a surprise. Fierce competition from sellers will definitely put downward pressure on prices. Sellers will have no choice but to price...

With the dismal sales numbers, make sure you can cover the costs. It doesn't hurt to wait a little too. I think there are something like 30,000 real estate agents in Toronto currently. That number will probably be lower in a couple of years. Then again, if you put your heart into it, you will...

I think the days of sellers expecting unconditional offers are over, but if you look at these charts, it would appear that some buyers are still willing to put in offers without conditions! http://thenumberstheydontpublish.blogspot.com This means a full-blown buyers' market is yet to come -...

Small is the new big too apparently!

Thanks Adam... yes, definitely a lot of denial out there!

Population Density Matters While Toronto's population is growing, I don't believe it compares to those of other world cities, certainly not Hong Kong or Shanghai.

Shoeboxes The sizes of the newer condos of the past, oh say, ten years, have been dismally small. I wonder if they will build bigger units to attract buyers in this downturn.

A lot of wishful thinking! I agree... a lot of wishful thinking and creative interpretations in that article!

Power of Sale Listings Inching Up For those interested, there are some nice charts about power of sales and various metrics in Toronto here: http://thenumberstheydontpublish.blogspot.com Toronto is not in a good shape in the next couple of years.

Kind of... There are government programs to help you renovate and retrofit for affordable rentals, but nothing that will give you money to purchase, though there are government backed programs that allow you to put a low downpayment (min. 5%). Having said that, I would advise caution - the...

Prices too high in Toronto With sales volume so low, prices in the GTA was still way too high. See some charts for other metrics here: http://thenumberstheydontpublish.blogspot.com