Are House Prices Going Down? April 2022 GTA Real Estate Market Report Video
Monday Apr 4th, 2022
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ShareToday’s 3-pointer will be brief, and it could very quickly become functionally irrelevant as the coronavirus panic spreads from grocery stores to real estate viewings. There are 3 statistically-biased reasons you really shouldn’t get too wrapped up in the idea that “spring market” pricing is any different than the other seasons: People – selection bias Product – selection bias Pricing – observer bias I have this... [read more]
Tuesday Mar 17th, 2020
Share1. Don’t try to time the real estate market. Buy and sell in the same economy. Trying to create or carve out an arbitrage in a volatile market is where people get burned. Unless you're an economist, an actuary, or write financial instruments for a living, arbitrage is fickle. One of the important ignored nuances around this concept is that if you’re selling, and your sale is challenging, then that will proportionately affect your sentiment... [read more]
Tuesday Mar 24th, 2020
ShareLast night, the Ontario government released a list of all businesses they consider to be essential during a Covid-19 induced shutdown-ish thing. Some doomsayers have told me the general economy has sort-of been ground to a halt. Some organizations seem to be salvaging with the ostensible "work from home" strategy. The challenge with real estate is that it's functionally impossible to do remotely. Sure, 90% of the transaction can leverage technology - but it is a... [read more]
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