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]

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]

Canadian Real Estate Market Report Summary April 2022  The growth in house prices during March 2022 remained robust, although the rate of change has declined substantially from February. Month-over-month price gains slowed from 5.3% last month to 2.2% this month.  The apartment category is still pretty strong. Second-highest ever m-o-m change. Daniel believes this is driven by two factors - the reopening of dense urban centers and the pivot to entry-level condos that may... [read more]