http://www.remaxcondosplus.com/blog/condo-investors-are-moving-to-new-projects/ Information on Toronto Condos Tue, 07 Sep 2010 17:04:39 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.remaxcondosplus.com/blog/condo-investors-are-moving-to-new-projects/comment-page-1/#comment-48 Jamie said Fri, 21 Sep 2007 13:44:00 +0000 http://www.remaxcondosplus.com/blog/index2.php/?p=65#comment-48 You are right. Real estate prices are 'sticky' coming down. In other markets where people have to sell, they just reduce the price until it is sold. In real estate, if people don't get their price, they just take their property off the market. All you need to do is look at the number of terminated and expired listings even in this market - almost 50%!!<br />That being said, where is our market heading? Next year and three years out? You are right. Real estate prices are ‘sticky’ coming down. In other markets where people have to sell, they just reduce the price until it is sold. In real estate, if people don’t get their price, they just take their property off the market. All you need to do is look at the number of terminated and expired listings even in this market – almost 50%!!
That being said, where is our market heading? Next year and three years out?

]]> http://www.remaxcondosplus.com/blog/condo-investors-are-moving-to-new-projects/comment-page-1/#comment-49 Johnny Sat, 15 Sep 2007 04:57:00 +0000 http://www.remaxcondosplus.com/blog/index2.php/?p=65#comment-49 Other markets in Hong Kong is already like this for a long time. Basically real estate prices doesn't come down easily. Other markets in Hong Kong is already like this for a long time. Basically real estate prices doesn’t come down easily.

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