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]

The CN tower is Toronto's baby. It's our landmark and the face of our city. It may also have a role in Toronto's housing supply shortage by suppressing supertall development near it. I remember distinctly during my time at Cornell's CIRECC event in New York City, both of the two tallest buildings in NYC were being built. Each of the developers were at the CIRECC event as judges, and in dialogue with the 432 Park developer, I learned that their site 432 Park Avenue was going... [read more]

Coronavirus, more formally known as the disease Covid-19, and the infection Sars-Cov-2, just became a lot more real for North Americans, as it's finally permeated our two favourite things, the economy, and pop-culture. There is a travel ban between Europe & USA. All major indices are in bear-market territory. The NBA is shutting down, an NBA all star is infected (and touched a bunch of microphones as a joke), Tom Hanks and his partner are infected, etc. etc. Covid is obviously a thing,... [read more]

3-Pointer  Below is a list of the 3 types of listings that will perform the best while the spring market is on pause, in the event of a shutdown comparable to Italy or Wuhan. I think that we’re currently at the onset of what seems to be an interesting shift in consumer psychology, where the attentiveness to “hot spring market” narrative is being usurped by “lockdown” +/- “DJIA limit down”… it appears the media fear mongering is... [read more]

[read more]