I'm going to outline the 3 housing buyer groups most impacted by current market conditions... which are: house prices rising stock market declining declining interest rates If you'd prefer to read this in tweets click here: https://twitter.com/WTFoch/status/1237721132113018886 If you'd prefer to watch me talk about this in less than 1 minute, check out my IG story: https://www.instagram.com/danielfoch/ … Continue reading 3-pointer | The 3 housing buyers most impacted by current market conditions.
Today's 3-pointer will be brief, and it could very quickly become functionally irrelevant as the coronavirus panic spreads from grocery stores to real estate viewings. There are 3 statistically-biased reasons you really shouldn't get too wrapped up in the idea that "spring market" pricing is any different than the other seasons: People - selection bias Product … Continue reading 3 reasons you shouldn’t get caught up in spring “price growth”
A Tale of Two Shores - Chapter 2 See Chapter 1: How the GO Train may not change the future of Innisfil vs. Georgina The first point of fascination for me in regards to these two municipalities is that they're functionally very similar, and a small detail in their past has made them ever so … Continue reading A tale of two shores – They’re called “Skilled” trades for a reason. [Innisfil vs. Georgina]
If you study people who really understand investing in companies, you can typically find some pretty sound fundamental analysis and systems for the valuation and investment of companies that can be purchased at a fair price. In your studies, you may come across a couple of gentlemen named Warren Buffett and Charlie Munger. If you study people who really … Continue reading Timing the housing market should be judged like timing the stock market
The short answer is "it's too early to tell." The longer answer is probably synonymous to the reason I'm asking this question, so I'll give you that rationale first: I have a couple of motivations for wanting to answer this question, but the primary one would be my concern for young Canadians and our role … Continue reading Could Canada end up with a European-style housing economy?
Real estate supply & demand I've been writing a lot about demand factors lately, and perhaps that's a function of the buyer's market we're currently in. So, as an aside, I will be releasing my Summer 2019 market report sometime within the next few days, but here's a teaser infographic reiterating that we are, in fact, in … Continue reading WTF is a buyer’s market?
In the aftermath of one of the most controversial elections in Canadian history, it's no surprise that we've all been inundated with biased critiques of the policy and individuals involved. I'll be the first to admit that I don't understand every aspect of policy that's been changed, but I do understand a part of it. … Continue reading What Trudeau’s new RRSP policy means for the real estate market.