These are wild times. New proclamations are coming out seemingly daily from all levels of government, with the latest (at time of writing) being the Ontario government closing all non-essential businesses as at 11:59 PM Tuesday. I'm getting clients, people on my social media, and friends and relatives reaching out and asking me what affect I think it will have on Toronto's real estate market. So I figured I should write this blog post. (In earlier days, I took a look at whether the 2003... [read more]

INTERACTIVE | Coronavirus tracker: 18,000+ cases in Canada on Wednesday Nearly 1M Canadians applied for emergency COVID-19 benefits on Day 1 Frustrated Canadians looking for mortgage deferrals from big banks facing delays, denials [read more]

There's a possibility you've noticed Coronavirus Disease 2019 (COVID-19) is in the news a lot recently. Toronto's real estate market has been going gangbusters so far this year. Obviously COVID-19 is having a much larger global impact, both in terms of countries shutting down, and in terms of financial markets. So I'm not saying SARS and COVID-19 are apples to apples things because you can never look at these things in isolation as so many other factors come into... [read more]