Tag: Builder Bites

If you have been in real estate long enough, you know about the wave theory. No, I’m not referring to a mathematical theory, but the rise and fall of the velocity of sales in the market. From-time-to-time, and often due to governmental interference, the number of sales in a given quarter rise or fall. The more the volume of sales fall, the greater the news coverage.

As a significant and influential landowner in the Toronto real estate landscape, the City of Toronto’s reorganization of the management agencies responsible for the city’s real estate assets is a move that comes with many questions. With an enormous and diverse real estate portfolio, developers are constantly working with the city to purchase, partner with and redevelop surplus lands, generally to create additional much-needed housing in the City of Toronto.