As Home Prices Fall, More Buyers Are Backing Out of Deals - Daniel Foch in Storeys Publishing

Thursday May 12th, 2022

Share

Link to original story: https://storeys.com/buyers-backing-out-financing-falling-home-prices/    REAL ESTATE NEWS As Home Prices Fall, More Buyers Are Backing Out of Deals PUBLISHED: 11:09 AM MAY 12, 2022 In early February, a three-bedroom house in Clarington, Ontario — a city on the easternmost outskirts of the GTA that has, on a good day, an hour-long commute into downtown Toronto — sold for $1,035,000. It was on the market for just four... [read more]

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

Wednesday Jul 7th, 2021

Share

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]

Drive 'til you quantify: Yield-hunting in Ontario

Monday Feb 8th, 2021

Share
Yield Sign

I feel like I've been generally about as exhaustive as I can be about the impact/existence of the "urban exodus" in the GTA, but you can expect a little bit more data in the future. The team at informedrealtor.com is putting together a visual timeline video. BlogTO & Zoocasa posted a great map detailing price growth across the GTA that echoed my original exodus mapping project. From my perspective, price is the more important metric than individual or household... [read more]

What is the urban exodus, and why does it matter?

Tuesday Dec 8th, 2020

Share

Context I wrote a lot of articles earlier this year, but started doing more visual analysis for Instagram, Twitter & YouTube to grow my audience on those platforms. I've decided I should write a bit more again. I managed to put together a few data sets aimed at understanding the way people are changing their relationship with urbanized housing as a result of the covid-19 pandemic, and the consequential lockdowns that followed it. The information was well received by the media.... [read more]

READ MORE