Real Estate in the News

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Real estate news stories that we’ve been following this week.

Risks To Canada’s Economy Are On The Rise, Bank Of Canada Warns
House price growth continues to outpace income growth and that could be the fuse that leads to a house pricing correction says the Bank of Canada, but we are on a better economic footing to absorb economic shocks. Also read “Should Stephen Poloz be more worried about the Canadian economy?

Toronto condo construction heating ...

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The Closing of Zoocasa: A Lesson Learned

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A real estate service (brokerage) as an online platform lacks the one key ingredient that it needs to gain traction, increase revenue and build a profitable business – personalized customer service. By not focussing on the relationship building aspect of the business, and relying on a discount and incentive structure to attract buyer and seller clients, Zoocasa created a “one-off” model of trying to build their business based on the individual transaction and one-time client and not the comfortable and ...

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