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Daniel Foch

Real estate broker and researcher. Chief real estate officer at Valery.ca.

Canada | Global | USA

The Housing Market Explained By The Fed’s Bubble Expert

January 23, 2023
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Canada

Canada’s Real Estate Correction Is Just Getting Started, W/ Oxford Econ’s Tony Stillo

January 14, 2023

Tony Stillo of Oxford Economics helps us understand Canada’s real estate market correction and the upcoming recession.

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Canada

The Bank of Canada Has No Justification To Continue Extreme Stimulus: BMO

October 25, 2021

It’s time to take off the training wheels for Canada’s economy, which is now looking overstimulated. That’s the take from BMO‘s Douglas Porter, who sees stimulus coming to an end as early as this week. The Bank of Canada (BoC) is increasingly looking out of touch with reality. BMO, amongst others, now sees no justification […]

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Canada

Bidding Wars For Canadian Real Estate Are A Drain On The Economy, Here’s Why

March 4, 2021

At the risk of sounding melodramatic, I honestly believe that bidding wars are among the greatest economic inefficiencies ever produced by the real estate market. In 2017, we saw a pretty wild market, with real-time price discovery being the greatest challenge of buyers, sellers, and realtors alike. As a result, we saw the arbitrary underpricing […]

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