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]

I've been pretty inspired lately by some folks on twitter who I admire for their scientific approach to real estate. Almost all of them have started looking at data for their markets on a weekly basis, rather than a monthly basis. The objective of this is to figure out what's happening to the real estate market more accurately, so we can be anticipatory, rather than reactionary in our behavior towards the market. I've decided to follow suit and start reporting weekly data on... [read more]

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Briarwood Development Group unveils proposal for 2 condo towers, senior residence, public park, community facility at Davis and Patterson NEWS Feb 06, 2019 by Teresa Latchford  Newmarket Era   Briarwood Development Group planner Diarmuid Hogan speaks to residents about one of the two proposed designs for the corner of Davis Drive and Patterson Street at an open house hosted by the developer at the Newmarket Community... [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]