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Buyer's ain't acting cause its still way too expensive still. Unemployment on the rise. Inflation is going so low because economy is tanking. People cannot afford! It's true things are cooling off and rates are going down, but that doesn't undo all the inflation thats already happened.

Great video Michael!

⏰TIMESTAMPS⏰ 00:00 Introduction 00:34 House Price In Metro Toronto (Jun 2023-Oct 2024) 01:47 Percentage Of GTA Homes Selling Above, Below, And At Asking Price (Sep 2024) 02:32 When Will Prices Increase?

Hello Sir Can I get a chance to grow your youtube channel?

Love to see you do a video on costs post 1 year (all the CREA,OREA, TRREB and RECO Fees)

⏰TIMESTAMPS⏰ 00:00 Introduction 00:56 GTA Numbers 2023-2024 03:03 Average Price By Property Type 04:36 5 Year Historical Average Price

There is different process to get Real estate and Builder license..? These are two different fields or same..?

Great video.

⏰TIMESTAMPS⏰ 00:00 Introduction 00:33 Greater Toronto Mortgage Delinquencies At RBC 02:52 Inflation Analysis

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Gaming chair with a suit on. Is my brain malfunctioning or did i just see that? Good video btw.

I'll call them losers...🤣

4th

Canadian RE is garbage!

TOStar 2 days back most mortgage holders will have to refi. at higher rates from 24-27 so 3rd innings of the collapse unless rates come down to -0.5% and mortgages at -0.75% lol

More people like this are needed to prevent people from investing in real estate market..

Great video as always!! Unfortunately so many have lost during this recession and most don't even realize that we are in a economic recession. However looks like the Gov't has had enough of this terrible real estate market and have stepped in to change the mortgage rules. Bottom has been reached

⏰TIMESTAMPS⏰ 00:00 Introduction 01:19 Bank Of Canada Interest Rates 2000-2025 03:26 Developers With Excess Inventory

08 was the only recession where real estate has been impacted? Yeah I can see why your videos have no likes or comments

Great information. One of the issues is that Real estate agents have no economic or financial education. They will never understand this type of market...only what happens in up markets and economies

⏰TIMESTAMPS⏰ 00:00 Introduction 00:45 GTA Numbers 2023-2024 02:37 Average Price By Property Type 03:46 5 Year Historical Average Price

1st

It's amazing how the same pundits who are tearing their hair out over the low birth rates in Canada and the U.S. don't seem to be able to draw a connection between this and the shortage of affordable housing.

Great Info and Video as always. I still feel that 99% of real estate agents don't understand the economic impact of what is actually going on. However on the basic real estate level...great stuff

Great video! And let's not forget that the capital gain tax you have to pay to the Government. And this was just increased as well!!

As always love your videos! So much great insight and information. The biggest issue is we are in an economic lead decline, which we have not seen in a long time. This type of real estate market has not been seen since the 90's. What happened in 2017 was a policy change, not economic.

⏰TIMESTAMPS⏰ 00:00 Introduction 00:45 Average Price By Property Type 01:32 Average Days On Market 03:04 New Listings - Monthly With Three Previous Years For Comparison

Cool!

How do you complete Form 150 if it's a distress sale?..original is 800k and assignment price is only 700k?

⏰TIMESTAMPS⏰ 00:00 Introduction 00:48 GTA Numbers 2023-2024 03:16 Average Price By Property Type 03:33 5-Year Historical Average Price

Condos should not be part of the numbers

I have lived in Toronto all my life and I am disgusted at the small units that have flooded the condo market. I think the best bang for your buck are the condos that were built 20 or 30 years ago. Condos like 25 Esplanade , The Summit, etc, etc...yeah they are a bit out-dated but at least your couch is not facing the kitchen sink .

⏰TIMESTAMPS⏰ 00:00 Introduction 01:18 Where Single-Family Home Prices Have Risen The Most So Far This Year 03:35 Factors Affecting The Number Of Listings 04:44 GTA Average Prices 2023 VS 2024

😂they flood you flood

Hi FOMO Pumper ⛽⛽⛽⛽⛽⛽⛽. Ponzi scheme is over. It's time for the lazy realtors to burn some calories and make videos about ''If I had a client as a realtor, I Would...", videos.

⏰TIMESTAMPS⏰ 00:00 Introduction 01:45 Effect Of Increase In Housing Demand 03:11 Spring To Summer Price Changes 04:19 Effect Of Inflation

Great video! What happens to the the realtors commission agreement that was signed with the builder if the APS gets assigned to another buyer? Does the Assignor will have to pay a % to the new assignee?

PLEASEEEEEEE stop

STOP

Is there an any funds available for this course like OSAP or something else Thanks

If you are a buyer and dont care about losing money in the short term...then this is a great time for you!! There is nothing with looking more at the qualitative then the quantitative!!

Bank of Canada should not cut the rates anymore. The only way to bring the real estate down is to keep the rates above 6%. If the home prices are down then the interest rates won't impact the affordability. The main problem is that people/investors are buying houses as how they buy stocks and now they crying about affordability. The interest rate increase will not affect anyone if the average house prices drop to $500,000 instead of $1,000,000. The bank should keep increasing the rates to keep the speculative buyers out of the market. Buyers should not get into the market now and wait till the prices drop further.

⏰TIMESTAMPS⏰ 00:00 Introduction 00:29 GTA Numbers 2023-2024 02:08 Average Price By Property Type 02:55 5-Year Historical Average Price

1st

Race to the bottom dude. Condos going to get wiped. Let the fun begin.

⏰TIMESTAMPS⏰ 00:00 Introduction 00:47 How Will The Average Prices Change? 02:05 Changes In Interest Rates 03:14 GTA Numbers 2023-2024

Great info as always!! Thanks for the video

Mainly in America, the UK system for example , does not require any cash deposits towards the seller directly , it is all done through solicitors.

oh stop repeating the same tired old story....we have ''heard it all before''

Great info and video as always!! The rates down, property prices up really does not happen at first