Canadian Housing Can't "Crash" - but that's not the only way down

Wednesday Jul 7th, 2021

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A market "crash"​ isn't the only way down. Published on July 5, 2021 Edit article View stats Status is online Daniel Foch Real estate. 35 articles To me, a "crash" implies that prices fall so quickly that people don't have time to escape. This creates a trap in which financial stress can be spread across the entire economy. See America, 2008. In a normal year, it's very... [read more]

A $1 BILLION bet that Canadian housing will end up like Germany.

Tuesday Jun 29th, 2021

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It’s no news that Core Development recently announced they’d be purchasing $1 Billion in Canadian housing with their new fund. It was only a matter of time until this happened, as Jay Vasantharajah (@jayvasdigital) and I discussed in a podcast episode about a year ago. (Link for the curious) The industry knows about this – and therefore the majority of people in Ontario know about this, because the majority of people in Ontario are directly or indirectly employed by the... [read more]

Spring Market Showdown - 2017 vs 2021 GTA housing market.

Tuesday Mar 2nd, 2021

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  Status is online Daniel Foch Real estate. 32 articles   I’ve heard a lot of anecdotal comparison alluding to 2021’s similarity to 2017. While I do feel the same phenomena in consumer sentiment that many are describing, I felt compelled to see whether or not we could learn something from the data between these two points in time. On the qualitative side, I’ve heard reports of, or... [read more]

Georgina Real Estate Market Report - February 2017

Friday Mar 3rd, 2017

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Click here to download the full report: february-2017 Georgina Real Estate Market Overview Georgina, Ontario is a real estate market in the Greater Toronto Area, Ontario, Canada. The average list price of a home for sale in Georgina, Ontario was $622,805 in February 2017 . The average sale price of a home in Georgina, Ontario was $666,387 in February 2017 . On average, homes sold for 107 percent of asking price last month, and spent an average of 18 days on the market. A total of... [read more]

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