A report from CBC in Canada. "When the pandemic hit Ontario, Kristina Barybina's income as a real estate agent dried up and she knew the writing was on the wall — she'd have to sell her own house. She also…
A report from Toronto Life in Canada. "When the pandemic hit, Christine Morra was forced to shut down her Blue Mountain Airbnb rental. We spoke to her about adjusting to the new normal. 'In 2017, we bought a two-bedroom condo…
It's Friday desk clearing time for this blogger. "Founded in 2017 by CEO Yifan Zhang and cofounder Adam Stelle after she realized she could cover her mortgage by renting a room in her Seattle house on Airbnb, Loftium was expanding…
A report from Nine News in Australia. "Airbnb bookings have been decimated in popular Australian locations, threatening to send overleveraged investors who made a lucrative living from the platform into financial peril. The seismic shock that hit Airbnb will reverberate…
A report from the Times Colonist in Canada. "Rental properties vacated by students who have returned to their home town or native country; property owners who, faced with a shortage of international tourists this summer, put short-term vacation rental suites…
A report from ABC News in Australia. "House prices are tipped to fall by 11 per cent over the next three years as the COVID-related economic downturn bites, and for one group of Australian homeowners, it could not come at…
A report from the Globe and Mail in Canada. "Canadian home sales tanked and price dipped in April over the previous month, marking the weakest activity since 1984. Last month, 16,612 homes were sold on a seasonally adjusted basis, down…
It's Friday desk clearing time for this blogger. "Guy Therien saw a house on a five-acre property outside of Sherwood last year that he says was beyond his wildest dreams. The Parrett Mountain estate was for sale, but he couldn’t…
A report from Toronto Storeys in Canada. "Zoocasa used data from the Toronto Regional Real Estate Board (TRREB) to compare how median prices changed between February and April 2020 for 35 neighbourhoods. For the City of Toronto as a whole,…
A report from the Sydney Morning Herald in Australia. "The accommodation apocalypse that hit short-stay Airbnb apartment owners and operators in Sydney and Melbourne is leading to an oversupply of long-term rentals, sharply driving down rents. The sudden halt to…