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Monthly Archives: August 2022
Contagion between public and private markets
The average sale price for a Toronto home in July was $1.02 million (Toronto Regional Real Estate Board), down $133,075 (11.5%) from June 2022 and +0.2 percent or $2,520 compared to July 2021. Sales were down 44%, and active listings … Continue reading
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Recessions kill inflation (and real estate bubbles)
Alfonso Peccatiello of The Macro Compass joins the show for an epic conversation on the current state of the economy and financial markets. Recession, inflation, foreign currencies, real estate, and much more are covered as Alfonso applies his decades of … Continue reading
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Housing bear in early stages
As prices rose, industry participants urged policymakers to stimulate supply with tax incentives and enable demand with easy credit; now that home prices are falling (as they should), the same people are urging policymakers to help prop prices up. 😊 … Continue reading
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