Early last week, the media made the call that Toronto has become a buyers’ market. The monthly sales-to-new listings ratio for real estate in June fell below 40%, which basically means buyers have more choice right now among a larger supply pool. But the condo market might still be telling a different story. What we want to know is this:

According to the Toronto Real Estate Board’s analysis of the real estate market en masse, many would-be buyers are staying on the sidelines right now watching for further decreases in month-over-month prices. Sellers, on the other hand, seem to be listing their homes with the belief that price growth in Toronto real estate has reached its peak. But TREB’s analysis is largely invested with Toronto’s freehold housing market, skewing the picture if you want to look only at condos for sale in Toronto.

Two weeks ago we polled our readers with the question: “How do you feel about the Toronto condo market?” Out of 1,000 Toronto Insiders, 40% said that real estate is always up and down and Toronto is no exception. Just under one third said that the Toronto condo market is strong, and they are confident in the future. And the rest were mixed between thinking the Toronto condo market is weak, and some said they aren’t concerned with the market either way.

For those who are concerned about the Toronto condo market, here’s a market report for June and July.

It seems that every day the Vancouver condo market is seeing new record breaking prices, making it harder for buyers and more uncertain for sellers. But what is causing these surprising sale prices for condos in Vancouver? Well, apparently, buyers and sellers are doing it to themselves, they just might not realize.

Andrew Way, the VP of Sales for Condos.ca Vancouver, has frontline experience navigating the Vancouver market, and he’s noticed a pattern of buyer and seller behaviour that may be a leading cause of these rising prices.

This past Monday, Condos.ca attended the Toronto of the Future showcase at the Metro Centre on King Street West. It was an event that brought together global architectural firms, developers, and Toronto’s city-planners, and we were excited to see what they have planned for this great city of ours.

The week-long event showcases visions from 3-D models to video installations of what Toronto might look like in the future. From what we saw and heard, the future of city-planning is going to be greener, more efficient, and a whole lot less grey–or so Urban Toronto’s Managing Editor, Craig White, hopes.

Everyone’s talking about the Toronto real estate market slowdown, evident in the spring sales numbers, but we’re not worried. This is what happens when the government gets involved. It’s practically clockwork.

Over the last five years, April to May sales activity and prices tended to stay roughly neck and neck. But this spring April and May numbers varied considerably, marking an almost 6% drop in the number of downtown Toronto condo sales and a decreased average PSF for all Toronto condos, down -2.85% in the last 60 days.

Let’s talk about the new Ontario rent control measures and what they will mean for condo owners, landlords, and tenants. It must be said that the impact on landlords is going to be big, but it won’t be as bad as people think.

We sat down with a lawyer from Korman and Company to discuss the legal details of the new rent control measures. Here’s what we learned.

Currently, rent control is not actually legal, but it is very likely to be passed soon. Once it is passed, the new law is going to be retroactive as of April 20, 2017.