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]

link to full article: Toronto Real Estate’s Latest Problem Is Soaring Rental Inventory AUGUST 12, 2020 Canadian real estate markets are about to see an explosion in rental inventory if Toronto is a sign. Toronto Regional Real Estate Board (TRREB) data prepared by real estate agent Daniel Foch shows an explosion of new listings for rental units in July. The number of new listings has reached a multi-year high, with a lot of reasons to believe... [read more]

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People seem to get a little bit of value and comfort from these weekly reports, so I'm going to keep doing them until that changes. While it's been interesting to watch things change due to negative impacts of covid-19 and social-distancing policy, the picture is obviously still quite unclear. As you probably know, I interview professionals from the real estate industry on a regular basis. This experience has given me the ability to apply both qualitative and quantitative analysis to... [read more]

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