Lately, the elephant in the room has been the Coronavirus, or COVID-19 for short. I’m not freaking out and I’m also not stock piling non-perishable goods just yet but I have made some precautions just in case it gets out of hand. I’m always carrying hand sanitizer, and if you see me in the next …
FUELED UP Market – Coronavirus and Interest Rate Drop Impacts Read More »
In Part 1 of the TREB report analysis, I dissected how we’re going to hit the $900,000 average price at the end of the year. In case you missed it, you can read about that here: TREB: Average Price $900,000. Is it True?! In the second part of this Insight Series, I’m going to reverse …
TREB: How Simple Math Explains Our Price Increase – Part 2 Read More »
So I had the chance to finally sit down and plow through TREB’s 2020 Report, which is a whopping 63 pages long! Resultantly, this should be the longest Insight Article that I’ve ever written to date, but do not worry, I can assure that you’ll find some nuggets of gold scattered throughout. This week will …
Are free assignments actually free? If you’ve ever bought a pre-construction condo or have done some research, I’m sure you have come across something called “Assignments”. On certain pre-construction projects, you’ll see incentives such as “Free Assignments, Value of $5,000”. The question we’ll break down in today’s Insight Article is whether this so-called free assignment …
For as long as I’ve put out the PPTO newsletter, I’ve never combined the contents of an Insight Article with a PPTV video only because I didn’t bother with both mediums talking about the same thing and being repetitive. However, I think I’m going to break that rule this week. Check out this week’s Market …
The market is on FIRE right now. At the time of writing this Insight Article (which is exactly Tuesday, February 4th, 2020 at 5:20 pm), there is this uneasy feeling that I’m getting which is highly reminiscent of April 2017. In case you forgot, April 2017 was basically the peak of the market in 2017 …
Public Service Announcement: Don’t Trust the List Price! Read More »
I was speaking with some friends this past weekend about the ability to own real estate and how people perceive those who own real estate versus those who don’t. It brought up a very polarizing point that I think most Torontonians have at least thought about or discussed with someone else. It’s causing a fairly …
Over the last few years, there have been many factors that are reducing the ability for Torontonians to move. Starting with rent control, tenants with grandfathered rents are now hard-pressed to move as it could easily cost them an extra $500 per month in rent. New condo owners aren’t moving into low rise houses as …
At the end of 2019, Canadian Prime Minister Justin Trudeau asked Finance Minister Bill Morneau to consider reviewing the mortgage stress test. The public words were “Review and consider recommendations from financial agencies related to making the borrower stress test more dynamic”. I had a few questions on these comments that I know I’ll never …
Fake News? Trudeau Promises a Change to the Stress Test Read More »
Recession-proof? Is there such a thing? If there is, does the Toronto Real Estate Market fit into this category? I’ve always wanted to write this Insight Article but previously, I thought it would be too bold of me, and that I may be permanently labelled as a super-bullish person after giving my opinion on the …
