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People vs. Property in the attention economy.

Wednesday Jul 24th, 2019

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The attention economy. We currently live in the most attention-scarce market in history. This requires people who serve products and services to that market to adapt at an accelerating pace. Things follow this rule in a variety of industries, even ones that operate on longer cycles, including politics, as we've learned.  The most epitomic illustration of this can be found in Netflix's documentary called "The Big Hack". When I look at this solely from the perspective... [read more]

3 protection mechanisms for transacting real estate in a volatile financial market

Tuesday Mar 17th, 2020

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1.    Don’t try to time the real estate market. Buy and sell in the same economy. Trying to create or carve out an arbitrage in a volatile market is where people get burned. Unless you're an economist, an actuary, or write financial instruments for a living, arbitrage is fickle. One of the important ignored nuances around this concept is that if you’re selling, and your sale is challenging, then that will proportionately affect your sentiment... [read more]

Royal LePage Market Forecast: National Home Prices to Show Remarkable Resilience in 2020

Tuesday Apr 14th, 2020

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Best case scenario forecast shows Canada's aggregate home price could grow a modest 1% by the end of 2020 If the pandemic continues to heavily restrict business activity through late summer, a national home price decrease of 3% is expected by the end of 2020 The aggregate price of a home in Canada climbed 4.4 per cent year-over-year in Q1 2020 High demand and low inventory in Toronto, Montreal and Ottawa fueled rising home... [read more]

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