Falling Prices, Rising Fears: Is Real Estate in Trouble?

#canadianrealestate #canada #realestate #toronto #vancouver #calgary #podcast #HousingCrisis #MarketTrends #InvestmentTips. The Canadian Real Estate Show Darryl Frankfort from DealCore Properties and TK Butler from The Frank Leo and Associates discuss the Canadian Real Estate Market in depth from their own unique perspectives with a particular focus on The Toronto Real estate Market. Check out The Canadian Real Estate Show CLIPS Channel @canadianrealestateclips Listen to the podcast Spotify: https://open.spotify.com/show/3IdhJbcDW4DOQR4PlTKarD?si=68e39e2c17474279 Follow us on Instagram https://www.instagram.com/thecanadianrealestatesho/ Follow us on TikTok https://www.tiktok.com/@canadianrealestateshow?is_from_webapp=1&sender_device=pc Follow us on X https://twitter.com/canadianREshow You can find Darryl Frankfort on https://dealcoreproperties.com/ Talk with T.K. https://calendly.com/tk-book/1-on-1?month=2024-04 Join The Frank Leo Team https://getleo.com/joining-the-team/ music credit to Sam River - In Other News -Price drops and rising sales define Toronto’s housing market in September https://ca.finance.yahoo.com/news/price-drops-rising-sales-define-090053558.html -Toronto home sales rose in September as buyers took advantage of lower rates, prices https://www.cp24.com/local/toronto/2024/10/03/toronto-home-sales-rose-in-september-as-buyers-took-advantage-of-lower-rates-prices/ -Investors own 65 per cent of Toronto’s smaller condo units, StatsCan finds https://www.thestar.com/real-estate/investors-own-65-per-cent-of-torontos-smaller-condo-units-statscan-finds/article_e8bc7bde-8197-11ef-8a58-b3da31597241.html -Water leaks in condo garage leads to $70, 000 special assessment for every condo unit owner https://www.reddit.com/r/TorontoRealEstate/comments/1fvo6hj/water_leaks_in_condo_garage_leads_to_70_000/ -Doug Ford wants to turn Niagara Falls into the next Las Vegas. https://www.blogto.com/sports_play/2024/10/doug-ford-turn-ontario-niagara-falls-las-vegas/ -speed limits across 400-series highways will be boosted to 110 km/h wherever it is safe to do so. -humanitarian crisis with next level flooding in the usa, people are getting mad about how much help ukraine is getting while us citizens are being left without help. Lithium mines, blackrock, Land grab? Weather manipulation? -port worker union strike in the usa, inflation will be back soon. Mob boss i mean union head threatens to crush everyone. Human trafficking, workers hearing people yelling inside containers. -wars are escalating Reports the Yemeni Houthis launched serious strikes on British Oil Tanker Iran sending 100s of misiles at israel Stats Toronto Regional Real Estate Board Stats up: - Sales up 8.5% from last year - New listings up 10.5%, slightly outpacing sales - Active listings up 35.5%! Supply accumulation is real - Prices still grinding down (-1%) YoY - Properties are taking 35-45% longer to sell -Toronto's condo market has 7 months of inventory -GTA house prices are down: The TRREB MLS Home Price Index Composite benchmark was down by 4.6% year-over-year. Average price was down 1.0% Bear market Bull Market Bull trap Pause Rate Pause Rooming houses Bill 23 Mortgage Fraud Homelife Miracle fraud Scam Protest Investing Investment House Hacking BRRRRRR AirbNb Rental market Renting Trigger rates Oil Bank Of Canada Interest Rate Immigration Recession Deglobalization Demographics Aging Population Toronto Real Estate Hamilton Vancouver Real Estate Calgary Real Estate Montreal Real Estate Saskatchewan Real Estate Calgary Regina Saskatoon Real Estate Market Multi family investing Nimbys Yimbys Politics World war 3 Recession Inflation ww3 Housing Policy Pre-construction Sales Condos Condominiums Bank of Canada Interest rate hike Interest rate raise War Canadian Real Estate Toronto Real estate Calgary real estate Toronto development projects Toronto past the canadian economy real estate investing real estate technology poptech buying real estate low inventory levels City Planning Real estate technology Investing in real estate Work from home Toronto Real Estate Vancouver Real estate canadian real estate house pricing condo market interest rates Politics India Indians China oil Prices are dropping Darryl Frankfort DealCore Properties TK Butler Frank Leo and Asscociates 00:00 Intro 02:00 Please Subscribe 55:00 Almost Done