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

Подписаться 14 тыс.

Просмотров 11 тыс.

50% 1

📩 Subscribe to Deal of the Week:
www.condowong.ca/deals
📲 Schedule a Call with Dan:
www.condowong.ca/call
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!

Опубликовано:

15 июн 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 58

@JohannLeon720 6 дней назад

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.

@ScottMccual 6 дней назад

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 6 дней назад

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 6 дней назад

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.

@FelixGunther384 6 дней назад

This sounds so good and I would like to be a party to it, is there any way I can speak with her?

@RichardWalter. 6 дней назад

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

@nospm1244 9 дней назад

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 5 дней назад

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 5 часов назад

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.

@tomacml5741 9 дней назад

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 9 дней назад

Condom is biased

@dwights1024 8 дней назад

better than u who doesn't own any 🤣

@parkerbohnn 5 дней назад

I'll bet he's got thousands of them to unload.

@moosiani1 20 часов назад

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.

@anuhou4329 9 дней назад

Great research Dan!!

@geniebegins6181 3 дня назад

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. 😔

@JoeL-fs4sm 10 дней назад

Good insight Dan. Can't wait to see how the govt solves the potential problems explored in few years later

@xyz1663 10 дней назад

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 5 дней назад

The Canadian dollar is crud. I'll use them to blow my nose with in a year or two's time. Worthless.

@micrasystems 10 дней назад

Same with the Vancouver area. Hold on to it.

@goldguilder9554 10 дней назад

Except Vancouver won’t have pain like Toronto

@micrasystems 10 дней назад

@@goldguilder9554 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-OPSNFJ75Rdo.htmlsi=Rr3nf4wYLoszwir_

@babyjeero123 10 дней назад

Hold onto it, and sell it for twice as much to the people calling for a housing crash😂

@xyz1663 10 дней назад

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 5 дней назад

People are now living in tents instead of in condos.

@sergeyc5528 10 дней назад

How about New Capital Gain tax?

@Lifeisapartydresslikeit 10 дней назад

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!!

@babyjeero123 10 дней назад

You dont wait to buy real estate, you buy real estate and wait

@firewoodlake 10 дней назад

When will people see the .25 cut in our mortgage payments?

@parkerbohnn 5 дней назад

Savers and retirees have already seen their daily interest rates fall as well as one and two year GIC rates.

@cronstrubzo 5 дней назад

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.

@andrewmccoll1582 10 дней назад

Wow

@chillingspree3938 10 дней назад

We need Hong Kong style cage houses in GTA if we are serious about affordibility.

@parkerbohnn 5 дней назад

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.

@wc4109 10 дней назад

The only way to keep up supply next 5 years is for the Federal government itself to be the developer…

@parkerbohnn 5 дней назад

New builds will just skew prices a lot higher not lower.

@stevejukic8166 10 дней назад

Prices are HIGH or prices are LOW. That condo is EXPENSIVE. That car is CHEAP. Easy peasy.

@nt007 10 дней назад

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.

@babyjeero123 10 дней назад

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 8 дней назад

@@babyjeero123 and hence more pressure for low end cheap housings rather than expensive condos...

@babyjeero123 8 дней назад

@@nt007 Problem is there isnt anyone building cheap affordable housing. This housing crisis is only going to get worse

@xyz1663 10 дней назад

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 5 дней назад

Condos are for rats, cockroaches and bedbugs to live in not for people.

@Carolinapetroska 18 часов назад

True. Nobody interested in Canadian real estate right now and for many months to come.... Not worth it. Game over.

@user-ui6et3xp4h 10 дней назад

Happy father’s day🎉🎉🎉🎉

@JustShaneB 10 дней назад

Painful again..

@RaFa-cm5kp 6 дней назад

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)

@xyz1663 10 дней назад

How did those 2023 predictions turn out? Welcome to the clown show 🤣