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Phil Soper: Millennial housing intentions

Phil Soper: Millennial housing intentions

It turns out that millennials have forged their own path through life, ignoring the prognostications of “experts” who said they had them all figured out. In the housing industry we pay particular attention to the behavioural patterns of millennials, those in their...
Look for the real estate market to level off

Look for the real estate market to level off

Much has been spoken and written about skyrocketing prices, elbowing out first-time buyers and by some, an imminent price “crash” in the making. But the dust seems to be settling on Canada’s real estate market. CREA data tells us the March 2021 peak of over $716,000...
The opportunity cost of real estate investment

The opportunity cost of real estate investment

Opportunity cost is an important concept in the world of finance. Institutional investors that played a key role in the housing market growth in the U.S. and Canada understand the significance of “forgone benefit”. This class invests in different assets to derive...