Toronto condo market Loading... : Investor Sentiment and Bull/Bear Views
Loading chart...
Top Calls
No data yet
Price change since each call, adjusted for long/short direction. Results calculated:
Feed
19:23
Jan 08
Jan 08
Toronto condo closings face catastrophic risk.
Ron Butler warns of a catastrophic problem in investor-driven Toronto condominiums: new units are priced far above comparable resale units, many buyers purchased five to six years ago assuming eternal price gains, 2% interest rates, and continued mass immigration, and roughly 35,000-40,000 units are set to close in the next 12 months. With those assumptions broken, he doubts many buyers can close, making Toronto condos unattractive.
HIGH
About Toronto condo market Investor Commentary
Across the available history and selected sources, Buzzberg tracks Toronto condo market across 1 sources: 0 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 0% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Ron Butler.