Author Archives: Danielle Park

Spring market demanding more realism

Posted on March 26, 2024 by Danielle Park

Nationally, the average Canadian home sale price in February 2024 was $719,400, -11.9% from the cycle peak of $816,720 in February 2022. Year-to-date, sixty percent of homes in the Greater Toronto Area sold below their asking price, 71% in Vancouver, … Continue reading →

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PBS on the plastic recycling scam promoted by oil cos

Posted on March 26, 2024 by Danielle Park

The world produces an average of 430 million metric tons of plastic each year. The United States alone produces tens of millions of tons of plastic waste annually. Yet on average, only about 5 to 6 percent of plastic in … Continue reading →

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Bottom not in

Posted on March 25, 2024 by Danielle Park

US commercial real estate prices have declined an average of 33% since early 2020, with a 60% decline in the office sector. Similar trends are unfolding in Canada. US office loan delinquencies of 30 to 60 days (dark blue below, … Continue reading →

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