These New Listings Have A Massive Problem (York Region Real Estate Market Update)

BOOK A CALL WITH SANTO: calendly.com/t...
In this episode, we look at the current Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices and real estate market trends for the week ending Jan 29, 2025. We also discuss the problem with re-listing properties as they have gone stale.
This video will focus specifically on Vaughan, Richmond Hill & Markham but be sure to SUBSCRIBE for more reports on other areas!
Follow Team Sessa Real Estate on Social Media:
TikTok: @TeamSessa
Instagram - @teamsessa
Twitter - @TeamSessa
Website - TeamSessa.ca
Santo Sessa & Daniel Sessa
Re/Max Premier
[phone]
[e-mail]
*This video, nor any of the other videos on the Team Sessa Real Estate KZbin channel, do not constitute legal or financial advice. This is strictly intended for educational and entertainment purposes only.

[@quantumpeenapple830]

I see the same thing. I like to browse listings for fun and I recognize a lot of houses that were on sale multiple times last year. They are back up for sale but +30k-50k more than their HIGHEST listed price last year...

[@frostyface8877]

Finally someone validates what I am seeing, as a buyer my frustration is through the roof on this type of stuff!

[@plainsight1249]

3:30 - Nothing about the Canadian real estate market makes sense.... "Well, you can borrow more - so I'll charge you more!" Thats been the mantra for over a decade and look at the mess we are in.

[@Canadian_Eh_I]

ran out of id1ots I guess

[@parthppatel28]

The issue is that, they'll say bring whatever offer and they'll USE THAT OFFER to TELL others that we have offer even at this price AND THEN THEY'LL TELL we have MORE INTEREST at this HIGHER PRICE ! Some people are SCAM ARTIST, they shouldn't call themselves Realtors, they should have designation of professional Scamsters..

[@BobSmith-bw6so]

House prices have been detached from any sort of fundamentals for 20 years now

[@brianpereira7483]

Happens when you decline rates from 1980high to 0% and when 0 cant stimulate that fiscally expand the debt until the pop happens like japan in 1990

[@baseline6786]

And they will stay that way. Once rates come down 1% more. Up values will go..

[@robocop581]

So what? Just play the game

[@umiumi2638]

It's pretty much relisted to look like a new ad again it has worked at getting more viewings and giving the impression of a new listing. I do agree that some small amounts of money can be used to make the home better if it doesn't sell

[@chavocanuck]

Was it the same seller's agent on the prior listing?

[@LiseRoy-d2c]

Thanks for your honesty 👍

[@Steve-fx6ej]

Why get into a debate, just provide a realistic offer

[@Moneyhomesjobswithivan]

Good video

[@robcos8162]

Q. The homes that sat selling/buying…are they people selling their home and buying another home? Of these sales how many are people getting into the market?

[@mr.d4295]

Probably less than 5% are new buyers coming into the market

[@Pink-Sushi-jp]

Let us keep the dream alive. House prices are coming back big time. Shih, don't mention tariffs, not going to happen.

[@johnf321]

It's not hause not agent It's economy finally people start using calculations hm 2020 480 000 now 875 000.

[@LiseRoy-d2c]

Houses still priced to high

[@igorhariton3112]

There needs to be some regulation in real estate pricing. Sellers shouldn't be able to set prices arbitrarily without any oversight.

[@gimusk5667]

The muppet boiler room condo flipping market is dead 😂

[@nunol1554]

lol

[@glengarbera7367]

Its the watch guy.

[@gimusk5667]

@glengarbera7367 my cousin Kino told me, he's a sweet kid.

[@glengarbera7367]

@gimusk5667 lol .

[@louismartin4446]

Santo, you are frustrating…too….these vids could be 70% shorter and would me more effective…how many times do you say the say the same things? Count them…

[@oleksandrshyiatyi6826]

Sellers basically add there expenses to keep it in a price of a house...... thats only logical explanation. Hope noone bought that house 😂