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]

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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]

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]

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]