Toronto & Southern Ontario Housing Smash

Presented without comment, potentially a low-ball somewhere in the GTA today 😂

Buyers trying to negotiate with sellers, in the current real estate market #tore #vanre #cdnre

@ronmortgageguy Which is exactly why hybrids are the future & NOT electric Still maintain existing infrastructure, but far less pollution in-cities, cause the engine shuts off when running inrfficiently

Just some window dressing to shore up its climate oriented voter base But it is dangerous because unless we make it clear we will match US policy on EVs we jeopardize future vehicle production awards

Welcome To Crazy Town: No Gas Vehicles By 2035 First thing: I believe in Climate Change, I have for 15 years, if anyone wants to deny Climate Change I am just not listening That said, it's absolutely CRITICAL we don't knowingly damage the Canadian economy We just can't 2/

🔥🔥BREAKING While the government claims immigration is needed for housing construction Bank of Canada research indicates that the job that immigrants are LEAST LIKLEY to work is ...... construction.

Canada GDP Data.... what do you see? $CAD

Get the 🎻 out for this one 1607-88 Blue Jays Way, Toronto -Sokd January 2020 for $707,000 -Just Re-Sold for $695,000 #tocondos

Since we've allowed (encouraged) this level of household debt to accumulate, we can never allow a recession again? Any recession now will be severe, but those are the consequences of allowing a housing and debt bubble to form.

Just have a look at the view from this beauty! 😍 3502-75 Queens Wharf, Toronto -"Sold?" April 2022 for $920,000 -Just Re-Sold for $720,000 But I'd still say the view is worth it! #tocondos

BOOM!! Federal Government Moves Against Airbnb!! I rarely post on Sunday but this is news The Federal Government will attack Short Term Rental through CRA @TorontoStar broke the story this morning I knew the Feds were planning something since @cafreeland focused on it 2/

More Inside Analysis Of Canada's Home Sales Market From @WOWA_Canada Why should we care about "months of inventory" in Real Estate? Because it's a very solid indicator of how quickly & easily houses are selling And BLUE means Colder There alot of BLUE

Resale condos in downtown on a bit of a landslide.

@GabagoolCapital I know lol

Wonderful view in a condo, within a premium location in downtown Toronto 2101-10 Tubman, Toronto -Sold March 2021 for $673,000 -After a failed bidding war attempt & subsequent "re-pricing", sold for $628,000 yesterday #EhLoser #tocondos

I apologize for tweeting this from @betterdwelling. No need to send them more hate mail. The loss of housing supply is no laughing matter. The Buyers (primarily investors) of these homes (starting at $3.7m) will now experience homelessness (for their capital).

FINALLY!!!!!!!!! Only 1 influencer left to block me. What got to Johnny boy finally?!? Was it the fact he’s been saying one thing and doing another?!? Hello?!? ‘Best time to buy is yesterday’ 200 likes and I’ll let y’all on a secret. Go. 👇🏽👇🏽👇🏽👇🏽👇🏽

3.99% 3 - Year Fixed Mortgage Rate But ONLY From A Builder If You Buy From The Builder: WTF Is Going On?? It's always the same thing: the Builder is charging more for the house (Townhouse or Semi) and using the extra revenue to buy down the rate WHAT!!! Overcharging? Why? 2/

@ATigerhut @OntHousingMrkt @londonmortgage1 @MarketManiaCa @FinEconGlobal @ManyBeenRinsed @VasCityEstates @JonFlynnREstats @ronmortgageguy @therealhebrahim @ShaziGoalie That's what I was referring to lol, sorry

Here is a good laugh for your morning. This realtor thinks this cookie cutter 1900sft Mattamy Home in Kitchener is worth $1.2 million. Don't worry... its a 'rare find' 😅. Meanwhile they released hundreds of these homes. BTW they were going for 600k for the first release in 2021

What's up, weekly Active Listings fans? This week I'm going to skip straight to MOI, where 416 Condos have now hit their highest mark since the pandemic hit. Couple of other charts in this 🧵/1

Toronto freehold (house) listings are getting high📈 Up until the end of August, 2023 was often running as the second LOWEST in the last 6 years. Pretty quickly they've become second HIGHEST. The 2,908 current listings are higher than any point in 2020, 2021, or 2022. #ToRE