Episode #67 | Is The Toronto Market Crashing? | Toronto Real Estate

Join us for an in-depth discussion on the current state of Toronto’s Summer 2024 Real Estate Market Trends and what indicators we will be watching to predict where the market will be heading this Fall and beyond; join Fox Marin experts Ralph Fox, Jerome Werniuk, & Rueben Labovitz. This FM Video Podcast Covers Key Topics to Keep You Informed: Months of Inventory: Understand how the inventory levels differ between condos and low-rise homes and what it means for the market. Impact of Interest Rates: Discover how recent interest rate cuts affected buyer behaviour and market activity (or not). Condo Sales and Investor-Owned Units: Learn why many investor-owned condos remain on the market despite negative cash flow. Challenges for Young Adults: Explore why young adults are leaving Toronto and the difficulties they face when trying to return. Toronto’s Appeal: Find out what makes Toronto an attractive city for young professionals and what career growth opportunities it offers. Population Growth & Immigration: See how population increases, mainly through immigration, influence housing demand and prices. Housing Starts & Pre-Construction Sales: Understand the current trends in housing starts and pre-construction sales and what they mean for future supply. Government Policies: Examine how rent control and taxation impact the real estate market and influence buyer and investor decisions. ____________________________________________________ Speakers: Ralph Fox (Co-Founder and Broker of Record at Fox Marin) Reuben Labovitz (Broker at Fox Marin) Jerome Werniuk (Sales Representative at Fox Marin)