We are currently at a brand-new juncture of architecture and design. Though we are still in the thick of it, the global coronavirus pandemic has already engendered changes in what we expect and require from our living spaces across the board. At an infrastructural level, the way we go about the design of housing supply [...]
To call these times unprecedented would be an understatement. Pandemic-related closures and lockdowns have changed business-as-usual for a number of industries, and while some experienced an unavoidable lull, others were able to adapt. For instance, the real estate industry on the whole experienced fast-tracked digitization thanks to COVID-19. In addition to the introduction of virtual [...]
So far, 2020 has been largely defined by bans and restrictions that have stalled and stagnated many previously healthy markets. Amidst so much more, the global pandemic has ensued things like mandatory business closures, strict travel restrictions and bans, plummeting immigration levels, and a significant drop in foreign investments. For years now, immigration-driven population growth [...]
Facebook was first launched in 2004. Since its humble beginnings, the company has become one of the biggest in the world. Facebook's rise gave way to their now famed motto, coined by Mark Zuckerberg, "move fast and break things." Though Zuckerberg's credo was timely and pointed, meant to celebrate the high-velocity innovation that drove Facebook's [...]
Canada’s multi-family apartment sector is the strongest it's ever been. Across the country, apartment buildings are full, vacancy rates have dropped to record lows, and rental rates have climbed to all-time-highs. This is thanks to a variety of factors and fundamentals, including a steadily growing population, rising home ownership costs, and a shortage of affordable [...]
The real estate industry was moving towards normalizing digitized processes well before the coronavirus pandemic struck. According to a 2019 Profile of Home Buyers and Sellers report, released by the National Association of Realtors, the internet has become the most common resource for buyer hopefuls looking to purchase a home, overtaking the previous norm of [...]
The coronavirus pandemic has changed Canadian industries across the board and Toronto's real estate industry is no exception. Though the market is poised to emerge stronger than ever, there's been a perceivable shift as to where demand is growing. The recovery of the GTA's real estate market and a rising demand for housing According to [...]
Investing in real estate comes with its fair share of advantages. In addition to offering predictable and sustainable cash flow, real estate tends to appreciate in value, keep up with inflation, and provide a higher return on investment, compared to investing in stocks, bonds, or mutual funds. That said, when it comes to investing in [...]
It's been a year of record highs and lows in Greater Toronto, Hamilton and Niagara. While vacancy rates are at an all-time-low, the average cost of rent is rising. And while rent increases are being recorded in major cities across Canada, the hikes are the steepest in the GTHA and Niagara. According to a new [...]
The downfalls of the coronavirus pandemic have been copious and persistent. Many Canadians have experienced job loss, stocks and interest rates have plunged, and recession talk is in the air. With most Canadian markets either frozen or bleeding, maintaining an optimistic outlook about the economy almost seems remiss. But there is an upshot: demand within [...]
