Back on June 23 this year, I got a call from a homeowner in Cathedral Town, Markham. He needed to sell his property and he needed to do...

Trudeau’s Liberal government is scrambling to regain slipping support, making bold, even shocking moves to win back voters. We talked...

The U.S. Presidential Election is over, and Trump’s back in office. Now, if you are like me, this might not be the result you were hoping...

In late 2022, our government announced some very aggressive immigration targets, starting at 465,000 new permanent residents in 2023 and...

The other day, I was out on the golf course, and they paired me up with a financial controller.  As it often happens these days, we got...

In the past few weeks, I’ve been deep in conversation with several developers, and I’ve got some exclusive insights that you don’t want...

In this previous episode, we discussed an interesting phenomenon in real estate. When housing prices go up, they typically happen very...

We got a 25 basis point rate cut about a month ago and now we are looking forward to possibly a 50 basis point cut near the end of this...

During the first half of 2024, the main focus of the Bank of Canada was still very much about controlling inflation. Now that we are...

Last week, we talked about Justin Trudeau’s Liberal government being in danger after the dramatic breakup with the NDP. If you missed the...

Politics and housing, today’s blog is going to be very informative. You may not be interested in politics at all, me either. But it is...

The Toronto real estate market watch report for August is out. Overall, sales activities were down 5.3% compared to a year ago. Active...

Traditionally, the basic economic principle of supply and demand tells us that increasing supply should bring down prices. So if housing...

In real estate, prices always go up and down in cycles, but the long term trend is always up. This is one phenomenon that we have always...

The Bank of Canada has cut the interest rate in June and July, with an overnight interest rate standing at 4.5% today. It is time for us...

Just a couple months ago, we were talking about the U.S. economy being too strong and they probably won’t start cutting interest rates...

Last week, we talked about the challenging condo market in Toronto. Pre-construction sales are at a 27 year low. Resale listings are not...

If you were to use 1 word to describe the current Toronto condo market, what would it be? The Toronto Star chose this word: Catastrophic....

The Canadian economy is clearly in trouble. Let’s start by talking about the 4 trouble indicators. Then I’m going to talk about this one...

Back in 2022, there were around 68 new pre-construction condo projects launched for sale in the Greater Toronto Area. On average, it only...