PRE-CONSTRUCTION CONDOS: SHOULD YOU USE A REALTOR? Should you use a realtor when buying a new pre-construction condo? The answer for this is a definite YES. Toronto Realtor Matt Smith, who specializes in helping buyers navigate through the complicated process of buying new condos, has shared with me the many pitfalls and disadvantages of buyers going at it alone when dealing with the builders' sales staff. Above all else, realize that the builder's sales team works for... [read more]

TORONTO CONDO PRICES COULD SKYROCKET 40% Predicts Major Developer A major real estate developer is brushing off fears of a bubble in Toronto's red-hot condo market. "My prediction, and I've been pretty accurate to date, is we are going to have a 30% to 40% increase in values of the condo market in downtown Toronto over the next three to four years," Barry Fenton, CEO of Lanterra Developments, told BNN in an interview on December 3rd. He later clarified he... [read more]

BUH-BYE TO THE ONTARIO MUNICIPAL BOARD. HOW WILL IT AFFECT THE MARKET? Sarah Niedoba, BuzzBuzzNews Image courtesty of: Carlos Osorio After years of controversy, Ontario's quasi-judicial development proposal appeal body has called it quits. Whether or not that's a good thing for the Ontario housing market depends on who you ask.  On April 3rd, the Ontario Municipal Board (OMB) officially became the Local Planning Appeal Tribunal (LPAT), a transition that will bring a... [read more]