Market Meltdown or Seasonal Dip? | Episode 98

Join Mark & Joey for Episode 98 of the Toronto Livings Podcast—a jam-packed mix of life updates, travel tales, and the latest Toronto real estate insights.✈️ Euro-Mark ReturnsMark shares highlights from his unforgettable three–week Italian adventure through Sardinia, Florence and the hills of Chianti—complete with wine resort stays, lavender views and some hilarious mosquito encounters.🎶 Joey’s Musical SummerFrom epic System of a Down mosh pits at Rogers Centre to soulful Alabama Shakes at Budweiser Stage, Joey recaps a music-filled August—and even takes the stage himself for a surprise guitar cameo.🏡 Toronto Real Estate Market Update – August 2025Sales down 15% month-over-month, but up nearly 5% year-over-yearAverage price dips to $1,022,000—the lowest since Jan 2021Days on market jump to 49, almost double March’s paceCondos remain a buyer’s market with 6.7 months of inventorySemis and detached homes see the biggest price drops, while towns hold steady.📈 What Buyers & Sellers Should Know:Fall market activity is picking up despite summer slowdownsRate cuts may bring more optimism—watch for quicker sales if the Bank of Canada trims again.With condo prices softening and new construction slowing, now is a smart time for long-term buyers to start planning.💡 Plus:The guys dive into the iPro Realty trust account scandal shaking the industry and share what it means for clients, realtors and future regulations.👉 Subscribe for Toronto real estate insights, market updates & behind-the-scenes stories as we count down to our 100th episode!👍 Like & share to help more Toronto buyers, sellers and investors stay in the know.#TorontoRealEstate #TorontoLivingsPodcast #MarketUpdate #TorontoHomes #RealEstateNews #ItalyTravel #RogersCentre #Chianti #SystemOfADown #AlabamaShakesCHAPTERS (00:00) Introduction and Episode Overview(00:25) Life Updates and Summer Adventures(06:44) Concert Experiences and Venue Reviews(14:03) Real Estate Market Update(18:34) Market Trends and Agent Advice(19:12) Average Price Analysis(20:10) Days on Market Insights(22:51) Transactions Overview(25:22) Price Fluctuations(30:32) Rental Market Dynamics(34:00) iPro Realty Scandal(39:38) Conclusion and Future EpisodesFEEDSPOT TOP CANADIAN REALTOR PODCASTShttps://podcast.feedspot.com/canadian_realtor_podcasts/FEEDSPOT TOP TORONTO PODCASTShttps://podcast.feedspot.com/toronto_podcasts/WHERE YOU CAN FIND US🏡 For all your Toronto Real Estate Needs: TorontoLivings.com/🖥️ INSTAGRAMMark Savel: https://www.instagram.com/torontolivings/Joey Virgilio: https://www.instagram.com/joey_torontolivings/🎙 MORE EPISODEShttps://podcasters.spotify.com/pod/show/toronto-real-estate