Episode #85 | Toronto Development Grinds To A Halt! | Toronto Real Estate

Are we witnessing a once-in-a-decade opportunity in Toronto’s real estate market? In this episode of the Toronto Real Estate Podcast, Ralph Fox, co-founder and Broker of Record at Fox Marin Associates, sits down with Steve Keyzer, Executive Vice President at Colliers, to discuss the state of the market. Steve provides insights into the current residential land market, the slowdown in pre-construction sales, and how developers navigate frozen pipelines, rising interest rates, and tight margins. The discussion also explores:  Key Trends: Why land prices have dropped by over 50% since 2022. Opportunities for Buyers: Why now could be the best time to buy in Toronto’s condo market. The Future of Development: Predictions for condo prices, land values, and housing inventory through 2030. Policy & Partnerships: How government incentives and public-private partnerships could reshape Toronto’s housing landscape. Whether you're a first-time buyer, real estate investor, or simply interested in market trends, this episode offers crucial insights into navigating today's complex real estate climate. As Steve Keyzer emphasizes, “Be greedy when others are fearful.”  Don’t miss this chance to understand what’s happening behind the scenes in Toronto’s housing market. ____________________________________________________ Speakers: Ralph Fox (Co-Founder and Broker of Record at Fox Marin) Steve Keyzer (Executive Vice President at Colliers)