Toronto’s Real Estate Problem: Simple Supply & Demand (Updated 2017)
I wrote a blog in August of 2016 that looked at the catastrophic demise of "Active Listings" in Toronto, and I think it really highlighted the fundamental issue in our market. A healthy discussion ensued in the comments section below,...
Who Is Moving Outside Toronto, And Why?
Cynically, you're probably saying, "those who can't afford it," and "because they can't afford it." You're not wrong, but that's the simple answer. Let's look at prices in Toronto, and prices outside it - areas like Mississauga, Oakville, and Hamilton,...
Are Investors “Ruining The Market” For Everybody Else?
Wednesday's blog spawned a philosophical debate about the role of government, which wasn't exactly unforeseen, given the topic at hand, not to mention my slightly right-of-centre fiscal views. So let's pick up on that theme, and get slightly more specific. Let's discuss...
The Future Of Toronto’s Real Estate Market: You Decide
I don't usually plug other websites on TRB, but we had a gentleman from Urbanation.ca in our office last week, and he showed us some fascinating stats about the Toronto real estate market. These are the kind of numbers that you can...
How Buyer Agency Was Born: Knoch Estate vs. Jon Picken
We talked last week about multiple representation, and how some people out there believe it is unreasonable, or impossible, for a real estate agent to work on behalf of both the buyer and seller in a transaction. I mentioned how once upon a...
National Bank: Vancouver Home Prices To Drop 20%; Toronto 3%
Do the words "special report" have a special meaning to you? I hear "special report," and I have flashbacks to the 1980's, with my after-school G.I. Joe cartoons being followed by news out of Buffalo; usually some local story about the high school football...
What Are The Rules Regarding Disclosure Of Offers?
The idea for this blog post actually came to me in a dream, but more on that in a moment... A buyer-client of mine was a bit frustrated last week when a property that we were going to view, sold...
Reduced Supply & Increased Demand: What Are The Reasons?
I suppose fifty-some-odd comments in two days can't be wrong; this is a topic that requires further discussion. There were some incredibly insightful comments, and a lot of great ideas thrown around. Today, I want to look at potential reasons for...
Toronto’s Real Estate Problem: Simple Supply & Demand
Tell me if I sound like a broken record here, when I talk about the problem of "supply and demand" once again. But tell me I sound like a broken record, and it won't stop me from writing this blog...
My Solution To TREB’s Problem: An Offer Registry System
How many offers are currently registered on that listing you're eyeing? Well unfortunately, you're never going to know with 100% accuracy. You can call the brokerage's front desk, and you can call the listing agent yourself, but you're never really going to...
Should The Provincial Government Institute A “Speculation Tax?”
This is probably the most interesting and insightful real estate piece I've read this year. The Financial Post's Garry Marr wrote an article this week called, "Ontario Tried A Speculation Tax On Property And The Market Collapsed Overnight," and it...
A “Fair” Way To Review Multiple Offers?
We talk about this subject a lot on Toronto Realty Blog, but it's an important topic for many reasons. For starters, virtually every residential, freehold, single-family dwelling gets multiple offers, so it's essential to know what's going on. But more importantly, every...
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