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Toronto Real Estate returns report: 20 years of ROI - Q4 2021

Friday Jan 14th, 2022

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Are you curious how your house or condo has appreciated over time compared to the average in the city? Or how those average price increases look versus the stock market? Well then you came to the right place. I've been compiling this after the June and December market statistics are released, going back to 2016 (historical reports here). But it's been a minute since my last post on this, for Q4 2019. That post is still getting a lot of reads, so I figured I really... [read more]

8 things I'd change as King of Real Estate - Part III

Thursday Nov 26th, 2020

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Here we are with Part 3 of this three part series with me complaining about stuff I don't like about real estate currently. You can find Part 1 here and Part 2 here. On the last two points, one is a provincial matter, and the other one is a much broader issue but I'll focus on some possible Ontario and Toronto solutions. 7) Home Inspection certification As Bob Aaron, long time real estate law columnist in the Toronto Star put it, In Ontario, anyone with a business card... [read more]

8 things I'd change as King of Real Estate - Part I

Friday Nov 20th, 2020

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I've been siting on this blog idea for a long time. I wrote a bunch of it during the initial COVID-19 slowdown in activity, but then things ramped way up and I never got to finishing it. The idea for this post comes from seeing several things in my time as a realtor that are either frustrating or seem like they could be improved - or both. The ideas vary in importance and potential impact, but since I'm The King I'm going to share whichever ones I please and in whatever order! And... [read more]

8 things I'd change as King of Real Estate - Part II

Tuesday Nov 24th, 2020

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This is the second part of a three-part series. The first post dealt with scintilating topics such as what I'd change with RECO, land transfer taxes, and pre-construction sales. Today I'll have my sights set upon some stuff that really cheese people off - like bidding wars and bogus square footage claims. 4) Bidding wars Who likes blind bidding wars? Sellers do. Seller's agents do. But in a transaction you will have exactly one selling party, whereas you might have dozens... [read more]

How many people got burned by the 2017 correction?

Thursday Mar 1st, 2018

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[Note: the analysis from this blog post was referenced in a Globe & Mail article in March of 2018.] The calendar just turned from February to March. That means February real estate statistics will be released next week. And that means we're going to be seeing harsh year-over-year (YoY) price comparisons for the next few months. If you want a fun drinking game, have a shot every time you hear or read the media use any variation on the word "plunge" related to... [read more]

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