January GTA Residential Real Estate Sales Projected – Feb 2 Revised — and including Feb 1 Real Estate Chat Video. Projecting Prices at $1,028,930 to $1,064,461 And est. 3108 Sales – which is 35%-38% off the 5 & 10 Yr Averages & 45-55% off a HOT Market in Januarys

Estimated Jan 2023 SALES in “School Year” (Sept-to Aug) format. I think it’s the best way to demonstrate “Seasonality” esp at this time of year (below) See how January gets ‘lost and totally disconnected from Q3-Q4 of Prior year’ on the left-hand borderline Projecting PRICES to range of $1.029MM to $1.064MM HOW WE CALCULATE the…

DAVID ROSENBERG ~1:30 min. “…the problem with the Central Bankers is their pride – because they feel they’ve lost their credibility … so they are correcting one mistake with another”

NB Mr Rosenberg NOT in the Real Estate Business – i.e. he wants you to give your investment money to His Team, not Our Team — but that doesn’t mean he’s not a keen observer of fiscal, monetary/ economic trends, regular/ sophisticated people, markets generally, governments specifically — and the bonehead ideas that self-interested advisers…

Flipping a Residential Property in Less than 365 Days – NEW Rule — applies to all owners (some Life-changes exclusions) Legal Opinion and Explanation

Updated: December 16, 2022   The new residential property flipping rule, introduced in Budget 2022, is now law. This rule was included in Bill C-32, which received Royal Assent on December 15, 2022.  The new rule deems profits from a “flipped residential property” as business income to target individuals that misclassify these profits as a capital gain to…

What happens to Buyers of pre-construction Homes (and Condos) when prices Drop Propitiously (say -20%) instead of being UP +20% like the Buyer had anticipated initially — Jan 12th Video —

CBC Article about a subdivision in Brampton that we reference in Video Future Video will talk about this Article about presales for High Rise Condos “… surge in home buyers desperate to get out of deals as rates continue to soar TorStar Jan 11, 2023” Further Backgrounder from Nov 2022 — Same writer Torstar

Video Jan 5th 2023 — Perspective on ‘Who’s my Seller/Buyer & what do THEY want ?!?’ PLUS a plan to get YOU what YOU want in Realty 2023

Recorded Thursday Afternoon Jan 5th 2023 Accompanying Charts Corrected since recording — instead of “guessing at 25% ReList “Share of Total ” rate – Actual TRREB December ReList Share was published as 923 listings representing 22.7% of 4,074 Total New Listings Subtracting to obtain 3,151 Net-New Listing and to calculate that 29.29% of December listings…