Bloomberg recently published a good summary of Zillow’s business and their move into algorithm home buying and flipping. (They are trying to avoid the “flipping” moniker because of the negative connotations associated with it.) Zillow started buying homes directly from owners last spring. They charge… Read More
This Toronto Life article about a 32-year-old who has managed to buy 10 homes in the city is very Toronto Life. At a time where many young people are struggling to afford housing, here is a millennial who has bought 10 of them (albeit with… Read More
Today, Urbanation released its Q4-2018 market highlights report for the Greater Toronto Area. The general media will pick up these numbers and tell you that there’s been a precipitous decline in the number of new condominium sales. But the reality is that 20,028 units were… Read More
Bullpen Research & Consulting and Batory Management just published their Q4-2018 High-Rise Land Insights Report for the Greater Toronto Area. Above is a mapping of the estimated per square foot buildable prices for the land that traded hands specifically in Toronto last quarter. The average… Read More
I was looking at this laneway house for sale in Toronto today. It’s located near Queen and Bathurst. It has 3 bedrooms and 3 bathrooms and is about 2,331 square feet (that looks to include a basement). The lot appears to be just over 13′ wide.… Read More
I have been writing about the real estate startup Opendoor for many years here on the blog. Another promising startup in this space is Knock, and today it was announced that they just raised a $400 million Series B round (led by Foundry Group). They share… Read More
This past weekend I saw a few people reacting on Twitter to this article by Wendell Cox talking about how Canadian families are being denied their preferred housing choice: the detached single family home. The fact that the article is by Wendell Cox should tell… Read More
“Francis is one of the most decisive people I know. He made a commitment to invest in our first venture capital fund in a five-minute cab we shared to work one morning.” —Fred Wilson, Co-Founder, Venture Capitalist, and Blogger, Union Square Ventures Francis Greenburger, who… Read More
The University of Toronto is looking for a Director, Real Estate to manage their tri-campus portfolio of income producing real estate, as well as the development opportunities that they have on and adjacent to their three campuses. The downtown campus alone is over 120 buildings… Read More
Welcome to 2019. I am currently in transit and catching up on some internet reading and email on my way back to Toronto. At this time of year it is, of course, common to reminisce (or lament) about what happened over the last year, as… Read More
