Episode #98 | 🚧 Toronto’s Pre-Construction Market is in TROUBLE 🚧–What’s Happening | Toronto Real Estate

The truth about Toronto’s pre-construction market in 2024—are we on the verge of collapse or a SIGNIFICANT opportunity?The Toronto pre-construction market has seen a massive shift. Sales have dropped from 32,000 to just 4,000 in a few years. Developers are struggling, investors are on the sidelines, and assignments are in crisis mode. So, what’s next?We’re breaking it all down with brothers Roy & Amit Bhandari of TalkCondo, industry experts who’ve been in the pre-con game for over a decade. In this episode, we discuss:✅ The real reason pre-con sales have collapsed✅ Why investors have vanished – and whether they’ll ever return✅ Shadow market warning – how some sellers are losing hundreds of thousands✅ Developers in trouble? Why some projects may never get built✅ Massive supply shortage incoming? What happens in 2029 & beyond____________________________________________________Speakers:Ralph Fox (Co-Founder and Broker of Record at Fox Marin)Kori Marin (Co-Founder and Broker at Fox Marin)Roy Bhandari (Co-Founder and Broker of Record at TalkCondo)Amit Bhandari (Co-Founder and Broker at TalkCondo