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.

Everything You Need To Know About How You Can Live Life To The Fullest

Are you tired and fed up of your life zooming by, where every day is the same routine: you wake up, you struggle as you climb out of bed, you drag yourself to get that caffeine burst, the bacon and eggs, the leftover pizza, then you force yourself to get ready, go to work, go home from work, watch some TV and go to sleep…

… in preparation of doing all this once again the next day?

Days, weeks and months fly by, perhaps even years, before you wake up one day and wonder where your life has gone.

Your life has gone into what I call ‘routine mode’.

Your life is running on automatic.

You didn’t even realize that each day is like the next, until one day the dark realization surfaces and you are shocked at the reality that your life is whizzing by and you have not made any progress in life for you to be particularly happy or proud about.

This can be a huge problem if it’s not dealt with quickly and appropriately.

If it’s not dealt with today, you could miss out on a great many things that life has in store for you.

So how can you change your life for the better?

How can you start to live life to the fullest?

For you to change your life for the better, for you as your first stepping stone to live life to the fullest, you need to first be in charge of your life.

And the first step to being in charge of your life is to become aware of your day-to-day thoughts, feelings, actions and behaviors.

Get on that journey today by following the 4 steps below.

They will open you to have that all-important part of the equation.

At bedtime, spend a few minutes to ask and answer the 4-steps-to-change questions:

1. What are two things I am grateful for today? Go through your day and search for two things you are grateful for. They could be anything; from being grateful that you’re alive, to being grateful that you have a job, food, a roof over your head, water, clothes to wear.

Recall your entire day and fully feel and appreciate at least two things you are grateful for that you would usually take for granted.

2. What could I have done differently? If there’s something you did during the day that you’re not too happy with, think what you could have done or could do to turn round the situation.

If you responded rather harshly to a colleague, friend or spouse, think of a way you can make up for it. If you ate that extra-large burger, could you have replaced it with a small sandwich or salad?

3. What are two things I look forward to tomorrow? Spend some time thinking about what’s going to take place tomorrow. Think of the good things the next day has for you.

If only negative things come to mind, take a few minutes to convert them in your own mind to bring about an outcome that you would like. Imagine and picture the situations turning out that way you would like.

This way you will feel more enthusiastic about tomorrow, where you will wake up feeling more optimistic that you might normally.

4. What do I want to dream about tonight? If you hold on to a particular thought until you fall asleep, more than likely that thought will play a significant role in your dream.

With added practice, you will be able to direct your dreams, enjoy them and remember them fully. This is a very powerful method that could bring about phenomenal changes. It’s called Lucid Dreaming.

Get into the habit of going through this 4-step method every night.

You will discover that your life will change dramatically and quickly. And once it has, you can step up to the next level by asking:

“How can I change my life for the better so I may live life to the fullest?” and you’ll be amazed at the next set of answers that will move you forward to the next level in your now amazing life.

Before we continue, let’s dig a little bit deeper.

Do you feel insecure or pessimistic about what your future may hold for you?

When you think about what you would like to be, have or become in the future, do you feel anxious and frightened that it won’t materialize?

Are you anxious that you won’t be able to live life to the fullest, or that no matter how hard you try, and how hard you research, you will never discover the true and realistic best ways to live life to the fullest?

Are you worried that this 4-step method will work for others but not you?

Which begs the question:

Are you worried about your future?

And are you worried about the present?

If you are apprehensive and fearful about your future, about achieving, becoming and having what you would like, I then ask you to start, as of this day, in fact as of this moment, to allow yourself to see that there is an alternative to fear and apprehension.

Yes, there is.

And you can begin to work on that right now.

The process is very simple, effective and will only take you five minutes or less.

So, let’s begin.

What’s the most important ‘worry’ or ‘fear’ that you have at this moment that you feel needs to immediately change?

Do you want to change your financial situation, your relationship situation, your health, your fitness level, your lifestyle, your job or career?

Decide which one area in your life you would like to change.

Let’s say you want to lose weight.

You want to find the best ways to lose weight; those ways that you will find rewarding, fulfilling, and that will allow you to healthily lose that weight, and perhaps a little later down the road you may want to consider opening your own lose weight business down the road so you may guide others how you managed to be successful at it.

Now here’s the process that will allow you to release the negative thoughts and feelings that are holding you back; the inner fears and doubts that stop you from even doing the research to discover the best ways to lose weight.

When you think about the best ways to lose weight, when you search the Internet and visit some websites dedicated to this topic, or you use any other means available to you, what do you feel?

Anxious, worried, scared?

Do you avoid reading the blogs and articles, the eBooks, because they make you feel uncomfortable?

When such a feeling surfaces, when you sense the fear, doubt or unworthiness of losing weight and having that body that you desire, immediately sit back, close your eyes and go deep inside that thought and feeling.

Do not analyze that feeling and do not discard it.

Notice the first feeling or thought that came up, for you will do the process on that very feeling or thought.

It’s not necessary to ‘name’ the feeling, as in, “I feel scared” or “I feel tense”. The point is to just feel the feeling or the thought.

Experience the feeling or thought deeply for a short time.

When you’re ready, move on to the next step which is where you will ask yourself:
“Could I let this feeling go?” Now the answer may be a Yes or No, either one doesn’t matter. They’ll both work.

Then ask yourself: “Would I let this feeling go?” Again, the answer could be a Yes or No.

And lastly ask yourself the question: “When?” to which you respond: “Now.”

You should feel less fearful, doubtful and less unworthy after this first round.

Should you, however, still have some remaining feelings, repeat the process a few times until you are completely free of that feeling.

This is an extremely powerful process derived from The Sedona Method which I highly recommend you use to release any unwanted feelings that are keeping you stuck where you are.

I use this short, simple and extremely powerful process immediately, literally, as soon as I feel a negative feeling or thought.

Within a couple of minutes I feel much more relaxed having released that obstructive feeling or thought.

Quite quickly my negative thoughts and feelings transform to positive thinking which, in turn, make me feel more optimistic.

Still worried or concerned about your future, your weight challenge, or even your life as it is?

You shouldn’t be.

Release on any concerns that you have. In fact, if you’re doubtful this process will work, release on that, too.

Release what’s been holding you back from having the future, and present, that you have always wanted, fast and with great results.

Are you focusing on what you want in life?

Let’s imagine you are enjoying a Sunday drive down a narrow country road and all of a sudden a truck appears round a blind bend.

The truck is heading towards you, going fast. Your eyes widen, and your heart is pounding rapidly.

What do you do?

In that moment, your life depends only on where your focus is.

Many people in such a situation focus their attention on the truck; the object they want to avoid. And in doing so, the inevitable will happen; the head-on collision.

If you, however, place your focus on what you want by looking away from the truck and seeking an empty space to drive into, or any way you can avoid the head-on collision, you will find that way and be safe.

Use this analogy to think about life.

Your life depends on what you focus on.

When you focus on the things you don’t want in life, you are steering directly towards them, and, worse, you will get more of them.

Simply put: you get more of what you focus on.

For example, if you are unhappy with your body, you probably repeat things like, “I don’t like my body. It’s ugly” or “I feel uncomfortable and fat meeting David’s children tonight. What if they don’t like me?”

Where is your focus?

Your focus is on the things you don’t want; you are focusing on the body that you hate and on the uncomfortable feeling you have meeting the children.

So, you will naturally attract more of the same, and in doing so, you will increase your hatred for your body and you will increase your level of uncomfortable feeling.

As human beings, we tend to place our thoughts, attention and feelings on the things we don’t want, and we wonder why nothing changes in our lives!

We wonder why we can’t live life to the fullest.

Our minds are programmed to bring about more of whatever we focus on.

Actually, if you think about that for a moment, that should be great news, for all you have to do is focus on the things you do want, and when you do so with feeling, they will come to you in due course.

Your mind, or more specifically, your subconscious mind, will work on bringing to reality what it is that you feel you want.

The good and the bad. Be careful!

So, for you to live life to the fullest, pay closer attention to your feelings and to what you’re focusing on.

As often as you can, ask yourself this question:

“What am I now focusing on right now?”

If it’s on what you don’t want, change it to what you do want.

Are you ready to make positive changes in your life?

Have you decided to stop being a couch-potato and actively look for the best ways to live life to the fullest?

If you have, that’s great.

The question now is:

Have you done anything about it?

Many people decide to make changes in their lives, yet they don’t realize that nothing will change until they take action.

Sure it’s easy to sit back and dream about the new lifestyle, but where most people get stuck is in the taking action part.

Look at it this way, when you want to build a house, where do you start? You find an appropriate piece of land, you buy it, you locate and hire an architect, design the house, go over the plan, and so on.

You cannot conceive the idea of building a house and have it miraculously appear.
It’s the same when you want to design and build your new healthy lifestyle.

Much like the house, you need to design exactly what your lifestyle will look like; you have to go over the plan by setting goals, and you have to take action to ensure it is built to completion.

Unfortunately, most people want to change their lives yet do nothing about it. They become expert complainers and they wonder why they remain stuck.

When you are ready to take action, you may face some mental blocks, such as, you feel you don’t deserve that lifestyle that you desire, you don’t deserve to live life to the fullest, or have that dream car or home.

That’s fine. You’ve identified some of your blocks to taking action, now you work on reducing or eliminating these blocks.

How do you do that?

You call your architect, your subconscious mind, and come up with a plan.

This will take some deep deliberation, which you may spread over a few days. When you think about making the positive changes, what are your thoughts and feelings
about that?

Do you feel a sense of unworthiness?

To help you out, try this. Write down these sentences and finish them off:

“I feel unworthy because… ”

“I am scared because… ”

“I’m alright where I am, I feel safer that way because… ”

Come up with any thoughts or feelings that surface. Absolutely no editing. It is imperative that you allow all your thoughts and feelings to flow freely. Write them all down.

Once you have a full list of blocks, work down your list. Choose one block every day and take a specific action, one that is the opposite of your block, until you feel that the thought or feeling has been reduced or no longer holds you back.

Utilize ‘positive thinking’ as well. Turn the negative into a positive.

If a certain block does not clear in one day, keep at it until it has no power over you.

Keep the power of ‘positive thinking’ going strong and allow it to gain momentum.

When done, move on to the next block.

Stepping up to upgrade your lifestyle does require effort, and the more committed you are, the more you will enjoy that new life.

Every day choose the actions that will bring about what you want to create.

The great news is that once you begin the process, it will get easier for you to choose the appropriate action, the ‘positive thinking’ that will work against your block.

Take your time; identify the block and take counter-action.

In a short while you will find the best ways to literally live life to the fullest.

Should You Stop Marketing During COVID-19?

As a small business owner you may be concerned about the impact of the coronavirus has on your business; your revenue, employees, and marketing funnel. Although you shouldn’t stop marketing during CONVID-19, there are many ways your marketing approach could go wrong. So here are three ways you can effectively market your small business during the coronavirus outbreak.

The Impact of Coronavirus on Small Business

As a human, I’m sure you’ve been affected by COVID-19 (also known as novel coronavirus) in some way.

Whether that means worrying about elderly parents, changing travel plans or stocking up on essentials to work from home for the foreseeable future, it’s hard to not feel the stress.

As a small business owner, you may be seeing fewer customers as people limit social interaction, change travel and leisure plans and focus on staying healthy rather than on shopping for products and services.

Unless you sell toilet paper or hand sanitizer, you may be concerned about the impact of the coronavirus on your small business; your revenue, employees, and empty marketing funnel.

So does that mean you should hunker down and stop your marketing efforts for the time being? No!

The World Health Organization has declared coronavirus a global pandemic, and it’s a very uncertain time. However, I’m a firm believer in focusing on what we can do and change while finding the opportunities amidst adversity.

Every challenge can be met with common sense, rational thought and even kindness. This is not the time for irrationality. I was watching a webinar the other day and someone said, “Worrying is like a rocking chair—it gives you something to do but it won’t get you anywhere!”

I know we are living in troubling times. The virus and how the global economy is responding to the preventative measures being placed is something that will go down in the history books.

But as business owners, there is one thing we do still have control over, and that’s the ability to be resilient and make choices that will get us through these times as best possible.

In this article, I’m sharing some ways you can address the challenge of marketing during a crisis and keep your business going.

Let’s start by looking at two of the wrong ways to approach marketing during a crisis right now:

1. Making a joke about coronavirus. A few weeks ago, it was common to see online memes and humorous marketing campaigns being shared. A Las Vegas jeweller even created a campaign to sell rings!

As more and more people around the world were affected by coronavirus, these slowed down a lot. Making light of the situation is not only in poor taste, but you’ll likely drive away a good chunk of your target audience.

2. Playing on people’s fears. It’s one thing to use a sense of urgency to sell your product or service, but it’s another thing entirely to use scare tactics.

For example, don’t scare people into buying a first aid kit with a message like “Only two left! Don’t risk your family’s health!” Rather, focus on the benefit of being proactive and prepared by stocking up on medical supplies.

Make sure the angle and tone of your marketing reflects your customer’s current concerns and pain points without capitalizing on their anxiety.

How to Effectively Market Your Small Business During the Coronavirus Outbreak

No matter what type of small business you have, your priority should be clearly communicating with your customers to put them at ease.

Think about what your clients need to hear from you, and how you want to position your business during this crisis.

Here are 3 ways to market your business during the coronavirus crisis:

1. Reassure everyone that you’re protecting their health. This is especially true if you have a brick-and-mortar location. This may mean sharing your extra sanitation practices, putting a hand sanitizer station at the front of your location or implementing a policy where all staff wear masks and gloves.

For example, WestJet shares their additional precautionary cleaning measures due to coronavirus on their website.

2. Be prepared to pivot. You need to be flexible to best serve your customers. That might mean instead of cancelling a customer conference, you change it to a virtual event.

If you are planning an upcoming workshop or event, pivot with your audience in mind. It’s possible you have already been forced to cancel or postponne, but don’t assume everyone wants the solution you’re providing.

Consider options such as making it a virtual version of the event or postponing your conference to a later date. Or some people may want ticket refunds.

Polls and questionnaires can be a great way to get honest feedback from your ticket holders before changing an event.

And of course, take a look at all of your contracts to ensure you’re covered before making any changes.

If you’re a service provider, create other ways to help your clients like this fitness trainer did. He offered them a way to stay fit that doesn’t involve being around a group of people in a gym.

3. Make your employees a priority too. Don’t focus all your efforts on marketing during this time. Your employees are what keep your business going, so how can you care for them?

Maybe you can give your staff the option of working 100% remotely while COVID-19 is a concern. Or, remind them you fully encourage them to stay home if they’re feeling sick.

The more you can put your employees at ease, the better they’ll be able to support your business and your customers.

What Small Business Owners Can Learn from Coronavirus

I know this is hard, and I hope you can hang in there and focus on the present, and on being of service to your clients and staff.

They’re afraid, and what you do or share can help alleviate those fears. Remember to be careful and intentional about what you’re saying.

If your small business is being adversely affected by coronavirus, it’s also a good time to reassess your business fundamentals, including how CONVID-19 is affecting your digital marketing. How will you deal with a crisis the next time it happens? Are there things you’d do differently to be more prepared or prevent losses?

Like everything else in life, this is a learning experience. Stay healthyFeature Articles, safe and positive.