Homebuyers have it tough in today’s challenging market. With record low inventory coupled with a high number of buyers competing for coveted houses in the market, winning a home on offer night is kinda like winning the lottery. I wouldn’t know how it feels — having never won a lottery, nor even playing the lottery. […]
Is it better to buy a pre-construction condo or a resale condo for investment?
You’ve got a lot of equity sitting in your property. And you’re thinking of putting it to good use. Perhaps a real estate investment is on the horizon for you in 2019. So you’re thinking about buying a condo. They’re affordable. Easier to manage than a freehold property. And they seem to be in high […]
How to Navigate a Real Estate Market Transition
Real estate is cyclical. It is said. It is proven. And what we’re about to see is a real estate market transition. Not only because of the seasonality of annual real estate activity. You’ll see if you’ve been observing the Toronto real estate statistics I update every month. But also because of supply, demand, and outside factors. […]
Is the Toronto real estate bubble about to pop?
Forget about the media frenzy about the Toronto real estate bubble. Let’s talk about where the real estate market is truly headed strictly based on facts. Describing the real estate market as a bubble may seem drastic. Even overplayed. And unlike the media, I want to give you real insight as to what’s happening based […]
Speculating in Toronto Real Estate
The federal budget has earmarked $11.2 billion for affordable housing. TD Economics predicts a 25% increase in price. Chit chat about a real estate bubble has long been heard. Rumours of foreign buyer tax continue to spill over in the news. But today let’s talk about investing… rather… speculating in Toronto real estate. Let’s throw the basics […]