Shocking Stories: Why 95% of Tenanted Homes Don’t Sell in Toronto Real Estate Market
2024 is a buyer’s market, no doubt. For every 20 units sold this year, do you know how many of them are tenanted? Only 1. The other 19...
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A True Story: Markham Neighbourhood with No Detached House Sales in 10 Months
Back on June 23 this year, I got a call from a homeowner in Cathedral Town, Markham. He needed to sell his property and he needed to do...
GST Cut: The Game Changer for the Housing Market in Canada?
Trudeau’s Liberal government is scrambling to regain slipping support, making bold, even shocking moves to win back voters. We talked...
Trump's Impact on Canada: Real Estate Trouble Ahead?
The U.S. Presidential Election is over, and Trump’s back in office. Now, if you are like me, this might not be the result you were hoping...
Housing Market Shake-Up in Canada: Fewer Immigrants, Fewer Homes Needed – What's Next?
In late 2022, our government announced some very aggressive immigration targets, starting at 465,000 new permanent residents in 2023 and...
Toronto Housing Market Twist: Is This the End of Distress Sales?
The other day, I was out on the golf course, and they paired me up with a financial controller. As it often happens these days, we got...
Developer Secrets in Today's Toronto Real Estate Market
In the past few weeks, I’ve been deep in conversation with several developers, and I’ve got some exclusive insights that you don’t want...
How Will Canada’s New Mortgage Rule Affect You?
In this previous episode, we discussed an interesting phenomenon in real estate. When housing prices go up, they typically happen very...
How's the Toronto Real Estate Market after 3 Rate Cuts?
We got a 25 basis point rate cut about a month ago and now we are looking forward to possibly a 50 basis point cut near the end of this...
Attention: 5 Year Fixed Mortgage Rates Now at 3.99%
During the first half of 2024, the main focus of the Bank of Canada was still very much about controlling inflation. Now that we are...
Don't Vote Until You Watch This - Canada's Housing Market Explained!
Last week, we talked about Justin Trudeau’s Liberal government being in danger after the dramatic breakup with the NDP. If you missed the...
Political Shakeup: What It Means for Canada’s Housing Crisis
Politics and housing, today’s blog is going to be very informative. You may not be interested in politics at all, me either. But it is...
3 Reasons Why Toronto Real Estate Recovery is SLOW
The Toronto real estate market watch report for August is out. Overall, sales activities were down 5.3% compared to a year ago. Active...
Canada's Housing Crisis: The Unexpected Consequence of Building More Homes
Traditionally, the basic economic principle of supply and demand tells us that increasing supply should bring down prices. So if housing...
Toronto Real Estate Psychology: Why Home Prices Climb Quickly but Decline Slowly
In real estate, prices always go up and down in cycles, but the long term trend is always up. This is one phenomenon that we have always...
Vancouver, Edmonton, Calgary, Toronto Housing Market Updates
The Bank of Canada has cut the interest rate in June and July, with an overnight interest rate standing at 4.5% today. It is time for us...
Emergency Rate Cut: Could It Trigger a Market Turnaround in the U.S. and Canada?
Just a couple months ago, we were talking about the U.S. economy being too strong and they probably won’t start cutting interest rates...
Hidden Truth Behind 55% Jump in Toronto's Rental Listings
Last week, we talked about the challenging condo market in Toronto. Pre-construction sales are at a 27 year low. Resale listings are not...
Negative Cash Flow in Toronto's Condo Market - 3 Factors to Reverse It
If you were to use 1 word to describe the current Toronto condo market, what would it be? The Toronto Star chose this word: Catastrophic....
This ONE Incident Could Save the Canada Economy (NOT the Rate Cut Next Week!)
The Canadian economy is clearly in trouble. Let’s start by talking about the 4 trouble indicators. Then I’m going to talk about this one...
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