Don't Sell Before You Watch This - Toronto Real Estate in 2027

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CondoWong

CondoWong

Ай бұрын

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Toronto Real Estate: What You Need to Know About Prices, Policies, and Predictions
Description:
Welcome to my channel! In this video, we're diving deep into the current state of Toronto's real estate market, exploring why it always seems so expensive and what factors are driving these prices. We'll discuss the impact of interest rates, government policies, and the role of developers in shaping the market.
Here's what you'll learn:
📈 Real Estate Prices in Toronto: Why prices always feel high and the historical context that makes today’s prices seem reasonable.
🏦 The Bank of Canada’s Influence: How recent interest rate cuts are expected to boost the market and what this means for you.
🏛️ Government Policies: Prime Minister Justin Trudeau’s controversial stance on the housing crisis and its implications for homebuyers and investors.
🏢 Developer Insights: Exclusive insights from a top developer on current market conditions, the future of pre-construction sales, and potential opportunities for savvy investors.
📊 Market Predictions: What to expect in the coming years, potential supply shortages, and how to make informed decisions in a fluctuating market.
Whether you own real estate or are looking to buy, this video provides valuable insights to help you navigate Toronto's complex housing market. Don't forget to like, comment, and subscribe for more insider news and updates on the real estate market!
🔔 Subscribe to stay updated with the latest real estate news and trends.
👍 Like if you found this video helpful.
💬 Comment your thoughts and questions below - I’d love to hear from you!

Пікірлер: 95
@DonaldMark-ne7se
@DonaldMark-ne7se 26 күн бұрын
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
@NoorFrohock
@NoorFrohock 26 күн бұрын
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
@PhilomenaCopple
@PhilomenaCopple 26 күн бұрын
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
@PitcockRoth-9876
@PitcockRoth-9876 26 күн бұрын
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
@NoorFrohock
@NoorFrohock 26 күн бұрын
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
@PitcockRoth-9876
@PitcockRoth-9876 26 күн бұрын
Big Credits to “Carol Vivian Constable” she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Carol has been a good guide through the year.
@geniebegins6181
@geniebegins6181 Ай бұрын
Investor are no renting in part because the LTB court is broken, they cannot provide justice to any one - they are overflowed with cases, mostly landlord with tenants who cannot pay their rents. If the Government was serious fixing their juridical system, many of that housing would come back to the rental market. Even the recommendation of the ombudsman fell short. 😔
@nospm1244
@nospm1244 Ай бұрын
I have one question to these so called professionals - did you have to pay 60k interesest per year on your 599k house and could rent it for max 3k per month when you bought it ? If not, them sht the heck up and don't mislead the public. If income went up by the same percentage as the home prices, you could make talk bs like that.
@agathaloewen877
@agathaloewen877 Ай бұрын
60k interest pr yr? That would be 10% interest pr yr. I don't think it was up that high. Am I missing something?
@essentialpassion
@essentialpassion Ай бұрын
Income is irrelevant. No one is predestined to own a property, it's earned not given. Housing is an asset, you can rent a home but when buying it's an investment. In most big cities people accept the fact that they cannot afford to invest in real estate, the math is simply against it. Toronto and Vancouver are on the same trajectory. However, people who are out, cannot see simple economics. Correlating income inflation and housing prices is simply false.
@marionovoa3846
@marionovoa3846 Ай бұрын
@@essentialpassionI’ve lost brain cells reading this crap lol. Pal the party is over, Mr condo is trembling on his boots because once reality sets in and governments cannot engineer markets anymore everything will revert to its meaning like always does. 🤡
@essentialpassion
@essentialpassion Ай бұрын
​@@marionovoa3846 Governments can’t engineer free markets; they can only influence them to some extent. This isn’t a communist state where the government owns the land. So average incomes are irrelevant. Owning real estate in bustling cities like Toronto or Vancouver is not a right-it’s a competitive arena. This isn’t about entitlement; it’s purely about the dynamics of a free market.
@marionovoa3846
@marionovoa3846 Ай бұрын
@@essentialpassion QE , QT and interest rates are tools from the central banks to engineer markets all day long with the help of the banks. Interest rates dropped but buyers didn’t show up because currency is drying up, inflation is sticky and the dollar is weakening and the trend is going to continue. Mr condo and the rest of the very irresponsible speculators can only pray for another government bailout because it is the only solution for them.
@howy3333
@howy3333 5 күн бұрын
Weve done a few deals but Ive never seen your content. I have to be honest! Your info was great. Much respect!
@tomacml5741
@tomacml5741 Ай бұрын
Condo investors are screwed period! Don't listen to this condo man, he probably is putting every condo he owns on sale so he never need to look back.
@nospm1244
@nospm1244 Ай бұрын
Condom is biased
@dwights1024
@dwights1024 Ай бұрын
better than u who doesn't own any 🤣
@parkerbohnn
@parkerbohnn Ай бұрын
I'll bet he's got thousands of them to unload.
@Lifeisapartydresslikeit
@Lifeisapartydresslikeit Ай бұрын
Very true!! Same!! Bought my detached house at the peak in 2017 for 805,000 now it’s worth 1.3M 🤷🏾‍♀️. The best time to buy a home was yesterday!!
@Plumber60423
@Plumber60423 Ай бұрын
You dont wait to buy real estate, you buy real estate and wait
@anuhou4329
@anuhou4329 Ай бұрын
Great research Dan!!
@sergeyc5528
@sergeyc5528 Ай бұрын
How about New Capital Gain tax?
@JohannLeon720
@JohannLeon720 Ай бұрын
Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment with Mrs Elizabeth Frankel. in other not to depend on the government for fund.
@WrightFletcher2
@WrightFletcher2 Ай бұрын
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
@Carlklaus431
@Carlklaus431 Ай бұрын
The very first time we tried, we invested $1000 and after a week, we received $7500. That really helps us a lot to pay up our bills.
@AntonioGabriella
@AntonioGabriella Ай бұрын
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
@BlaineRothschild
@BlaineRothschild Ай бұрын
This sounds so good and I would like to be a party to it, is there any way I can speak with her?
@RichardWalter.
@RichardWalter. Ай бұрын
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
@user-ne5xv1ne7u
@user-ne5xv1ne7u 21 күн бұрын
if you could the what is happening in 2027, why didn't you see what is happening in 2024 ?
@xyz1663
@xyz1663 Ай бұрын
We don’t need new built inventory. Half the condos are empty! HALF!! Massive number of active listings and 97% properties aren’t selling. So we have an over supply. 😂
@parkerbohnn
@parkerbohnn Ай бұрын
People are now living in tents instead of in condos.
@moosiani1
@moosiani1 Ай бұрын
BOC cut the rate and inflation rose. Obviously it was a mistake. Will they make the same mistake twice? Probably not. Notice the timing of the rate cut. It was during peak sales season.
@JoeL-fs4sm
@JoeL-fs4sm Ай бұрын
Good insight Dan. Can't wait to see how the govt solves the potential problems explored in few years later
@xyz1663
@xyz1663 Ай бұрын
And no, low interest doesn’t drive markets… cheap + loose loans do. Banks don’t lend in recessions/depressions and so historically real estate crashes in recessions despite i rates dropping. Mind u, I would not bet on rate drops with such astronomical inflation. FED clearly stated their stance on this. That 0.25 i rate drop caused an instant 0.53 rise in Canada wide inflation for every single product via a 0.53 drop in CND value.
@parkerbohnn
@parkerbohnn Ай бұрын
The Canadian dollar is crud. I'll use them to blow my nose with in a year or two's time. Worthless.
@TheDannyAbroad
@TheDannyAbroad 10 күн бұрын
Question: what's the likelihood that 2027 scheduled completions CHANGE as interest rates drop and more people start buying again? Your statements are true for NOW, but what about once rates are lower?
@cronstrubzo
@cronstrubzo Ай бұрын
this guys a real estate agent, obviously hes gonna say this crap. reality is the TSX beat real estate in the past 20 years, SP500 *crushed* both.
@Rodriguezpaul-9
@Rodriguezpaul-9 Ай бұрын
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Rose Strayer.
@Brucelanham845
@Brucelanham845 Ай бұрын
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
@Nguyenvictory83
@Nguyenvictory83 Ай бұрын
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
@Jessecote875
@Jessecote875 Ай бұрын
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
@carolynvo7802
@carolynvo7802 Ай бұрын
I'm new at this, please how can I reach her?
@Scottweeier846
@Scottweeier846 Ай бұрын
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.
@micrasystems
@micrasystems Ай бұрын
Same with the Vancouver area. Hold on to it.
@goldguilder9554
@goldguilder9554 Ай бұрын
Except Vancouver won’t have pain like Toronto
@micrasystems
@micrasystems Ай бұрын
@@goldguilder9554 kzbin.info/www/bejne/hYG2f3mAbJqFmtEsi=Rr3nf4wYLoszwir_
@Plumber60423
@Plumber60423 Ай бұрын
Hold onto it, and sell it for twice as much to the people calling for a housing crash😂
@firewoodlake
@firewoodlake Ай бұрын
When will people see the .25 cut in our mortgage payments?
@parkerbohnn
@parkerbohnn Ай бұрын
Savers and retirees have already seen their daily interest rates fall as well as one and two year GIC rates.
@xyz1663
@xyz1663 Ай бұрын
Don’t be afraid Condo Wong… even if people want to dump they can’t. Less than 3% of active listings are selling. Your friends won’t have a chance to dump.
@parkerbohnn
@parkerbohnn Ай бұрын
Condos are for rats, cockroaches and bedbugs to live in not for people.
@Carolinapetroska
@Carolinapetroska Ай бұрын
True. Nobody interested in Canadian real estate right now and for many months to come.... Not worth it. Game over.
@chillingspree3938
@chillingspree3938 Ай бұрын
We need Hong Kong style cage houses in GTA if we are serious about affordibility.
@parkerbohnn
@parkerbohnn Ай бұрын
Soon even they will be a luxury item for the middle class to live in. Still its better than living in a tent and freezing to deaht in the winter.
@RaFa-cm5kp
@RaFa-cm5kp Ай бұрын
i know this might not be the right forum, but I'm looking for recommendations for real estate tax accountant - any recommendation would be much appreciated (independent small landlord in TO here)
@zafarhussain9964
@zafarhussain9964 Ай бұрын
Once Mr Truedo is able to sell his property portfolio, he will make the houses affordable for Canadians. Until then, you just sacrifice 😢
@trojanproducttester
@trojanproducttester 27 күн бұрын
Lol buddy inventory is at record highs ! I’m making so much money in the stock market us equities haha. Everyone is fleeing the country
@wc4109
@wc4109 Ай бұрын
The only way to keep up supply next 5 years is for the Federal government itself to be the developer…
@parkerbohnn
@parkerbohnn Ай бұрын
New builds will just skew prices a lot higher not lower.
@MrTrevorDidier
@MrTrevorDidier Ай бұрын
Lolz - the government would build housing at minimum 20x more than the highest bidder. The last thing anyone should welcome is government building housing. Anything the government gets involved with.. is to funnel taxpayers funds into their pockets. Government couldn't build housing for less than $2k per sqft, not including the cost of land. Cutting government by 95% would greatly benefit the economy and society would be more productive.
@redwards10
@redwards10 Ай бұрын
@@MrTrevorDidierGovernment builds housing in many developing countries. It is obviously subsidized, but it’s the only way many people have been able to even afford housing, because it’s sold at below market prices. There are downsides though.
@nt007
@nt007 Ай бұрын
One counter argument to the fact that more people foming to Canada pusing the prices higher is that most these people don't have money. Besides Canada economy is nkt exactly growing to create jobs for these people. So I'm not sure how "more people" is a good thing. My 2 cents.
@Plumber60423
@Plumber60423 Ай бұрын
Just because they cant afford to buy, doesn’t change the fact they still require a roof over their head. Maybe if you tell the 1.2 million people coming into Canada to remember to pack their homes with them you would be right
@nt007
@nt007 Ай бұрын
@@Plumber60423 and hence more pressure for low end cheap housings rather than expensive condos...
@Plumber60423
@Plumber60423 Ай бұрын
@@nt007 Problem is there isnt anyone building cheap affordable housing. This housing crisis is only going to get worse
@andrewmccoll1582
@andrewmccoll1582 Ай бұрын
Wow
@user-ui6et3xp4h
@user-ui6et3xp4h Ай бұрын
Happy father’s day🎉🎉🎉🎉
@xyz1663
@xyz1663 Ай бұрын
How did those 2023 predictions turn out? Welcome to the clown show 🤣
@stevejukic8166
@stevejukic8166 Ай бұрын
Prices are HIGH or prices are LOW. That condo is EXPENSIVE. That car is CHEAP. Easy peasy.
@forte7991
@forte7991 26 күн бұрын
No supply in 2028 ans 2029
@anwarnayani5849
@anwarnayani5849 13 күн бұрын
No demand in 2028 and 2029 more recession
@tudvalstone
@tudvalstone 10 күн бұрын
OK, if you play a clip from the most ignorant PM Canada ever had and say that's a good summary of anything, I have to switch the channel. The guy gives France as an example ffs. People in Paris live in "affordable" 100 sqft apartments! He thinks markets are "unfair", so he's been at it, manipulating markets, for 9 years and the result is a mess everywhere. THAT my friend is a good summary.
@CP-ho1of
@CP-ho1of Ай бұрын
離地同溫層大師🥱
@Kelvin-b3j
@Kelvin-b3j 11 күн бұрын
Canadian you can get a better life out of Toronto .you to help Canadian citizens
@canadahodl5941
@canadahodl5941 18 күн бұрын
Toronto is going to turn into Detroit in 2029
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