CoronaVirus Effects on Toronto Real Estate Market

Toronto Real Estate Market Sales are up 45.6%! Average Prices Up 16.7% amid CoronaVirus (COVID-19) fears! CoronaVirus impacts on the Toronto’s Real Estate Market, March 2020!

This is a thorough review about what’s going on in Toronto’s Real Estate Market! Here you read about the CoronaVirus (COVID-19) effect on Toronto’s real estate Market and how the corona virus will impact the market and capital markets! This report, in addition, includes forecasts and Supporting Data to our Past Forecasts. And also how the Market Meltdown would impact real estate in Toronto.
Toronto Housing Market Overview Amid CoronaVirus fears:

March 2020 has started with a total of 7,256 resale transactions reported through TREB’s MLS in Toronto’s real estate market. That was a historic 45.6% increase in the number of sales compared to last year similar time in Toronto’s real estate. On top of that the average home price in Greater Toronto Area (GTA) has been $910,290, which is OVER 16.7% price increase Year over Year in Toronto’s housing market!
CoronaVirus (COVID-19) impact on Toronto’s real estate Market:

Meanwhile CoronaVirus effect in the capital markets was heavy in February. Toronto Exchange Composite Index hit the highest 17,944 on February 20th, then dropped to a low 12,700 on March 12th, which is a HUGE 28% melt down in almost two weeks!!

On the other hand, the Toronto real estate market, was the strongest since 2017, amid all the COVID-19 pandemic panic. I, as a Toronto Real Estate Agent and investment analyst, have seen more investors entering the real estate market when the forecast of the stock market seems volatile to them. If you look at the REITS (Real Estate Investment Trusts) stocks, you’d see among the huge meltdown in all other sectors, the REITs are performing relatively better than other stocks ( less plunge we see in those stocks) . Especially residential REITs. The symbols that I recommend you to follow are : REI.UN ( RioCan REIT ) and CHP.UN ( Choice Properties REIT ) .

Real estate in GTA has been a safe long term investment for many. Speculators also have enjoyed the waves here and there, but one important thing to remember is that the buyers who drive the market are not all speculators. They are First buyers, Up sizers, or downsizers, who actually need a roof for living. Many of the buyers are actually end users, second comes the cash flow investors. Speculators are not a big part of the market here.

Is there a FOMO in real estate market?

As someone who works with buyers and sellers in Toronto’s real estate market, I’d say that the FOMO has returned to the market, and much more buyers are competing on the properties more than a couple months ago. Numbers also support that, number of sales increased by 45.6% and the number of active listings dropped by 33.6%, which puts even more pressure on the standing inventory. That being said, amid CoronaVirus fear, I forecast even higher price increases in Toronto’s housing market for the next month! That’s in the opposite direction that the stock market moves currently!
What will happen to the markets if the CoronaVirus (COVID-19) gets under control:

If the CoronaVirus gets under control in Canada, i.e, they find a cure for it, or somehow control it, the confidence will get back to the stock market. If we look at the lessons learned from SARS, we’d realize that the CoronaVirus will be controlled at some point, that’s when the markets, especially stock markets, would start rising again. In that case the money that flows to the stock sector would be a relief to the Real Estate Market. But again the FOMO might cause a minor bubble for the stocks as well. Which will eventually be corrected sooner or later after that.

But until that timeArticle Search, I think the real estate market in Toronto would be subject to higher price appreciation.

Casino Gambling Tips And Tricks

Thinking of going to a casino to try your luck? You might want to read this article first.

Casino gambling tips and tricks:

  • The first step for any want to be casino gambler is familiarity with the gaming tables. Before you even begin to think about Casino Gambling, look at the different machines at the casino. Generally, players like to stick with a few favorite games. Pick a few games that you feel you will be good at.
  • Always play games that you can afford. Affordability is not always what it seems. For instance, just because it reads $.05 cents on a machine, it does not mean your betting amount is limited to $.05 cents. What it means is you will be playing $.05 cents for every line. Your max bet on the same machine would be $2.50 per spin. It’s easy to see how money tends to run away from you in casino gambling if you are not careful and do not set a budget before you enter the casino.
  • Always take a fixed amount of money with you. Leave your credit cards behind. Once you fix your budget, you need to choose your machines carefully. This can be done only through close observation and some amount of trial and error. Never go in for high stakes until you are absolutely sure of the games and the amount of money required.
  • Before you play, it is important to choose the right slot machine. In general, slot machines give you 95-98% chances. The only way to find out whether a machine is good is to play it! Spin the reels a couple of times and if you are not ahead or even, leave that machine and go for the next.
  • Preparation is the biggest tool in your armor. Research as much as you can about the game before you put your money on it. You must be very clear about the basic rules of the game.
  • Casino gambling is addictive. It eggs you on with the adrenalin rush. What with the buzz in the atmosphere and the amount of money changing hands, it is easy to get carried away. But, a good player does not play arbitrarily. Instead, their game is controlled and restrained. They are calculating all the time and will not take unnecessary risks.
  • Do not keep betting if you are on a losing streak. Whether you believe it or not, accept the fact that some days are not just your day. If you are losing continuously, then, it is better to stop playing and come again another day.
  • Above all, enjoy your game. You don’t want to wager your money and NOT enjoy it!

Sports Betting Strategies System, Sports Book Tips

How much would you value this gift, how much money would you invest when placing a bet? Predicting sports picks is an art that takes an incredible amount of research and analysis in order to find the winning selections. An unbelievable amount of data is collected, from statistical data to environmental data, once this precious information is gathered, it is entered into a computer software program to aid making the process of establishing the best possible game result. But that is not all, once the first part of the equation is compiled and completed (data entered in the software program), the human element is also added to the equation. The coaching staff, the location of the game being played, players injury reports are also taken under consideration and many other factors that can affect the turnout of the match or the game. Finally when the second part of the equation is added, a more precise and accurate prediction can then be taken regarding the outcome of an event.

Betting online is a very similar form of gaming or gambling, There are many risks associated with sports betting, you have to be reasonable about it, no body really knows what’s in the bag so pay the mortgage first along with the rest of your bills, a good idea is to put some money aside for the rainy days, of course everyone has to enjoy life and spend a bit of fun time following one’s passion, so with that being said, in sports betting like any type of gambling , the better has to take a chance, make his decision based on intelligent research to minimize his or her loss. Any form of gambling has its risks and probabilities. Is today your lucky day , you will never know until you try.