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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...

The ONE Strategy that Developers Use in Toronto Condo Market Today

Back in 2022, there were around 68 new pre-construction condo projects launched for sale in the Greater Toronto Area. On average, it only...

Global Housing Crisis: Surging Housing Prices Threaten the Middle Class (Toronto & Vancouver Too!)

Toronto ranks number ten in the list of the most “impossibly affordable” cities in the world. Vancouver comes into the third place just...

Is Open Bidding the Game Changer for Toronto Real Estate?

Over the past decade, bidding wars have been so popular in the Toronto real estate market. Multiple buyers would be fighting for the same...

Don't Sell Before You Watch This - Toronto Real Estate in 2027

The real estate prices in Toronto are expensive. This was also the opening line in one of my seminars 5 years ago. 15 years ago, when I...

Will the Rate Cut Save the Toronto Housing Market?

We are now in June, almost half way through 2024. The first half of the year has been rough for the real estate market. In fact, the...

Vancouver, Calgary, Toronto Housing Market Outlook 2024-2026

In this episode, I want to share the latest housing market outlook report released by the CMHC, Canada Mortgage and Housing Corporation....

UPDATES: Automatic Eviction, Inflation and Interest Rate

I hear you. There’s so much support for automatic eviction when tenants don’t pay rent. If you don’t know what I’m talking about, make...

Landlord's Worst Nightmare: Non-Paying Tenants with Broken Landlord and Tenant Board

As a landlord, what is the #1 most important thing to you? The tenants pay rent on time, obviously, right? What if they don’t? First, you...

The Truth about Canada's Surprising Job Data in April

Many of you told me that you had never paid this kind of attention to the Federal Government or the Bank of Canada's decisions until the...

The ONE Reason Behind a Slow Toronto Real Estate Market

In the blink of an eye, we are almost half way through 2024! We have been expecting a market recovery and spring is typically a very...

Damages Beyond Real Estate - Capital Gain Tax Change

Last week I gave my 3 predictions on what to expect after the change of inclusion rate for capital gains by the Federal government...

2024 Federal Budget - Capital Gain Tax Increase!

Every year around this time, the Federal Government comes out with a new year budget. We all pay attention to see if the new year budget...

UNEXPECTED Vacant Home Tax Bill: 150,000 People in Toronto Received a Vacant Home Tax Bill

“Dan, I just received an $8,000 bill for vacant home tax! What the heck is going on?” “Did you file your vacant home tax declaration?”...

2024 1st Quarter Toronto Real Estate Market Update

Is the Toronto real estate market really recovering? It was hard to tell when we only had one or two months of data. Now that we are done...

NEW Renters Bill of Rights - Bad News for Landlords?

According to the 2021 census, roughly 33% of Canadians are renters. What about the age group from 15 to 29? The percentage of renters...

Landlords Beware! CondoWong's Bad Reputation from Agents and Tenants in Toronto

A few days ago, we received some interesting phone calls from fellow agents. They said there is a rumor going around the City of Toronto...

How Buyers, Sellers & Agents Adapt to Toronto Housing Market Changes in 2024

We are now entering the spring market! Historically, spring is a very busy time in Toronto real estate. The weather is much warmer and...

How to Assign a Condo Unit FAST - Don't Walk Away Until You Watch This!

At the very beginning of 2023, I published this video in response to news headlines saying “Record Number of Condos to Flood Toronto...

New Trend in Toronto Housing Market 2024

This past week, the Toronto Real Estate Board released the February statistics and the Bank of Canada announced its interest rate...