Toronto Real Estate Agents Losing Shirts Over These Charts

(May 12, 2017)

Toronto Real Estate Agents Are Losing Their S**t Over These Charts
May 12/17
Earlier this week we published a piece on the divergence of supply and demand in Toronto’s detached market. A number of real estate agents sent us some hate mail to say a couple of months doesn’t mean anything, along with some not so cute nicknames for us. Then I saw institutional investment advisor (and one of the best in the biz) Ben Rabidoux drop a five-year chart that really highlight... read more.

Capital Controls Continue To Halt Mainland Chinese Real Estate Buyers

(May 09, 2017)

One month isn’t a trend, but three and we’re getting there. According to the latest numbers from the State Administration of Foreign Exchange (SAFE), China’s foreign exchange reserves rose to a 5 month high. New capital controls have effectively shut off the valve for the world’s largest buyers of international property. This trend has had a noticeable impact in markets that have seen a sudden sur... read more.