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Mike’s Monthly Memo

Mike’s Monthly Memo – June 2022

TRREB published its monthly report this morning and we’re now seeing a clear shift in housing activity. With rising interest rates, inflation, and supply, the market has spoken and the market is changing before our eyes. I was on a pan...

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Mike’s Monthly Memo

Mike’s Monthly Memo – May 2022

The Toronto Regional Real Estate Board published its monthly Market Watch this morning. I’ve been eager to read this edition because I monitor housing supply trends, specifically months of supply, and was interested to see how the market ...

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Mike’s Monthly Memo – April 2022

I speak regularly with real estate professionals from within our company and across the country. Certainly, we are seeing that GTA is very ‘hyper local.’ A listing in one pocket may yield dozens of showings and multiple offers, while ot...

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Mike’s Monthly Memo – January 2022

With the start of a new year, I think it’s important to consider where we are in the market. The supply side challenges facing the region today are well beyond anecdotal; it’s come to a point where they are adversely affecting the abili...

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Mike’s Monthly Memo – December 2021

The housing stats for the GTA were released this morning, and I wanted to flag a couple items that really stood out to me. The first area is the supply of housing. We discuss supply challenges all the time, but this month’s statistics...

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Mike’s Monthly Memo – July 2021

We’ve spoken in the past about strategy, but I’d like to revisit the topic because I’m frequently asked about it. Specifically, as the pace of sales begins to taper off, people want to know if the trend of listing a home below value, ...

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International Luxury Buyers

Trends & Market Demand By Luxury Portfolio International In anticipation of a great year for both luxury real estate and our collective personal wellbeing, we would like to share some of our latest research. The past 12 months hav...

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Real Estate June 2021 Market

Real Estate Market Commentary – June 2021

After a 10-month run, the streak is officially over. The Toronto Regional Real Estate Board (TRREB) has released the sales figures for May 2021. With 11,951 transactions reported through the local MLS, sales fell short of the May sales reco...

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Real Estate May 2021 Markets

Real Estate Market Commentary – May 2021

The Toronto Regional Real Estate Board (TRREB) has released the sales figures for April. 13,663 transactions reported through the local MLS represent a new monthly sales record for April, making it the tenth consecutive month with record se...

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The Second Home Market

The Second Home Market

Global Insights By Luxury Portfolio International Due to COVID-19, 2020 saw a number of unconventional trends within the second home market. This should come as no surprise. Afterall, homes in vacation markets offer many of the most des...

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