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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...
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?”...
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