Today we're releasing a new report featuring my analysis of last year's real estate bubble - why it happened and how it affected home buyers and sellers in Toronto and the Greater Toronto Area (read full report here).
I think this type of analysis is important because I'm frustrated when I hear, particularly from industry voices, that 'no one saw this coming' and the suggestion that consumers were hurt due to 'bad luck.' While it may be impossible to predict the market perfectly, it is possible to track it carefully to help consumers make better real estate decisions - and analysis has enabled us to better advise our buyer and seller clients on how to avoid the negative outcomes experienced by other consumers during last year's volatility.
I'm also frustrated that some, particularly
Here are the highlights:
I hope you find this analysis useful - please get in touch if you have any questions or feedback.
John Pasalis is the President and Broker of Realosophy Realty Inc. Brokerage in Toronto. A leader in real estate analytics and pro-consumer advice, Realosophy helps clients buy or sell a home the right way.