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Are there too many condos in Toronto? Real estate wiz Brian Persaud takes on this contentious issue


The following is a guest post by Brian Persaud, a Toronto based real estate agent, investor, analyst, TV show host, producer and author of the forthcoming book "Investing in Condominiums". He is a provider of Toronto condominium information and a good friend to the folks of BuzzBuzzHome. Read more

A day at the Beach in November? You better believe it! Beach Club Lofts holding exclusive preview event this weekend [PICS]


Those temperatures won't be going back up any time soon, so a day at the beach might seem like a "strange" concept at the moment.But it's not too hard to imagine spending a day at the Beach Club Lofts, the boutique residence by Zen Homes that's only Read more

We're feeling like nobility just looking at these new renderings from The Royal Collection


When you're searching for homes in a place like King City, we're guessing you might be looking for something with a hint of royalty. Well, this project by Zancor Homes registers pretty high on the royalty scale, so high in fact, that they simply named it The Royal Read more

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» Toronto Condo Market

Is the sky falling? Urbanation takes on housing bubble prophets and media sensationalism

Posted on May 14, 2012 | buzzhomeblog Posted in MARKET | Leave a comment

URBANATIONThe following is a re-post from Urbanation’s blog. Urbanation is the leader in condominium market research and the authoritative source for information on Toronto’s high-rise condo market.

We put out our Q1-2012 press release last week at about the same time that CMHC released their housing starts data, both generated a plethora of news stories on Toronto real estate, especially the ‘overheated’ condo market (overheated being the media word, not Urbanation’s). Read more

Urbanation: A record quarter for the Toronto condo market as sales hit 6,070

Posted on May 7, 2012 | buzzhomeblog Posted in MARKET | 5 Comments
massey tower exterior rendering

Massey Tower was one of the big sellers of Q1 2012.

Stats from the Urbanation Q1-2012 market overview were released today and there are a few juicy ones that really caught our eye.

According to an Urbanation press release, there were 6,070 sales in Q1-2012 in the Toronto condo market, the highest of any first quarter on record.

“Despite the record sales in Q1-2012, Toronto CMA brokers and developers still report anxiety about the future health of the condo market,” said Ben Myers, Urbanation Executive Vice President and Editor, in the press release.

“The probability of a market crash or major price correction is very small, but the prevalence of media coverage for this outcome remains high.” Read more