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]

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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]

Introducing Public Market Reports. If you’ve met me in person and heard my elevator pitch, I often like to say that I sell real estate “North of Bloomington” – also known colloquially (or co-local-y?) as the “N6”. I always stipulate that I don’t discriminate on the product I sell, and I have clients who like the way I analyze a deal, so I’ve been a little promiscuous lately, working on some development sites in The Beaches, Brampton and... [read more]

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]