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]

I’m going to outline the 3 housing buyer groups most impacted by current market conditions… which are: house prices rising stock market declining declining interest rates If you’d prefer to read this in tweets click here: https://twitter.com/WTFoch/status/1237721132113018886 If you’d prefer to watch me talk about this in less than 1 minute, check out my IG story: https://www.instagram.com/danielfoch/ 1. Small-cap investors: Small cap... [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]

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]

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]