Condo market a ghost town: Toronto has a record number of units for sale | Toronto Market Update

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  • เผยแพร่เมื่อ 2 ธ.ค. 2024

ความคิดเห็น • 15

  • @Peter-sz1sn
    @Peter-sz1sn 5 หลายเดือนก่อน +2

    Full time real estate agent, you said?? It is always wise to have a backup plan.

    • @Carolinapetroska
      @Carolinapetroska 4 หลายเดือนก่อน +1

      Exactly since there is nothing to do anymore

  • @mateofernando5066
    @mateofernando5066 5 หลายเดือนก่อน

    People should list below market and allow closed bidding to determine the correct price. As well, the seller can set a minimum. The longer you sit in a buyer's market, the longer you will be paying the carrying costs if you have an investment property.
    A lot of these sellers are only going to sell their property at the peak 2022 prics, if they have a time machine???

    • @livinglocalwithfaryal
      @livinglocalwithfaryal  5 หลายเดือนก่อน

      Sellers expectations need to change. We are in a different market now. However, this can take time. When it comes to pricing its not so black and white. What I am seeing is that homes that are priced at the market value are selling faster than the average and some are receiving multiple offers. Buyers are not paying over the asking. Affordability still remains an issue.

  • @TorontoDIO
    @TorontoDIO 5 หลายเดือนก่อน +2

    This most definitely is not a buyers market and will most likely won't be until the average wage and afford the average home. Canadians seeing "homes" as an investments is honestly disappointing, wasting large amount of our income towards maintaining this bubble is unrealistic and will come crashing down. People will look for who to blame and realtors will most likely be in the cross hair, amongst others.

    • @TorontoDIO
      @TorontoDIO 5 หลายเดือนก่อน

      Buying up condo units for investment purposes is disappointing, they should increase the vacancy tax to further push out this practice. They builders shouldn't have to pay the government excessive amounts just to start up a new project. Many things need to change but i doubt that will happen so long as we have a culture of investing in homes rather than anything else.

    • @livinglocalwithfaryal
      @livinglocalwithfaryal  5 หลายเดือนก่อน

      @@TorontoDIO many things need to change indeed. I agree with you homes shouldn’t only be looked at as an investment. Having a home is a need first. Everyone needs a place to live. But unfortunately in the recent years many people look at buying a home only from the perspective of investment.
      I don’t think we get to have a say in what everyone should invest in. Everyone has a choice to do what they want to do with their income.
      To make a change it starts from within. Blaming is all what everyone wants to do. It’s the easiest thing to do. Because no one wants to admit their part in this.

  • @mateofernando5066
    @mateofernando5066 5 หลายเดือนก่อน

    I thought realtors are not allowed to share MLS information to the general public, who have not entered into an agreement with realtor as a buyer or as a seller?
    🤔🤔🤔🤔

  • @gmarks1559
    @gmarks1559 5 หลายเดือนก่อน +5

    Overpriced, nothing will sell. Bubble popping, prices will crash 30%

  • @stephenfermoyle4578
    @stephenfermoyle4578 5 หลายเดือนก่อน +1

    Please we have all heard the same tired old story...get a hobby

    • @livinglocalwithfaryal
      @livinglocalwithfaryal  5 หลายเดือนก่อน

      And what’s that “old story” ? I am curious 🧐

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