Toronto's urban exodus was driven by shifting life plans: Broker Daniel Foch, broker and real estate analyst at Foch Family Real Estate joins BNN Bloomberg to discuss his research on what drove the urban exodus in Toronto, and what next year could bring.   Full video:  https://www.bnnbloomberg.ca/video/toronto-s-urban-exodus-was-driven-by-shifting-life-plans-broker~2105537   [read more]

Last night, the Ontario government released a list of all businesses they consider to be essential during a Covid-19 induced shutdown-ish thing. Some doomsayers have told me the general economy has sort-of been ground to a halt. Some organizations seem to be salvaging with the ostensible "work from home" strategy. The challenge with real estate is that it's functionally impossible to do remotely. Sure, 90% of the transaction can leverage technology - but it is a... [read more]

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Crossposted to https://heavyweightandrealestate.wordpress.com/ and my linkedin. I got a response on instagram to yesterday's blog post & subsequent story post about the prominent buyers in the market right now, and why they're dictating the demand side of market equilibrium. The question was: buy now or wait it out? My response was pretty diplomatic. "It depends what you're buying and where, give me some context!" The inquisitor said they're... [read more]