@aserealty: Replying to @w1ndystorms we know that Toronto condos are struggling to sell, but is it the same across the board? Data for 1 bed sales since Aug 1 show that the condos that sell are selling close to their asking price, likely because they’ve been priced aggressively. The average price for the same data set edged down 1.7% from July. Moral of the story? We’ve likely got a long way to go before things shift too much out of the buyers favour #condos #torontocondos #realestatemarket #torontorealestate #housingmarket #housingprices
We have to start viewing real estate as housing and not an investment. I just paid $625k for the condo of my dreams even though the market is tanking. No more tiny grey boxes!!
2024-09-11 04:29:13
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Efrain Luna906 :
i m always checking condos in the lowest bracket price, i ve seen some of them remaining unsold after 2 years
2024-09-11 17:20:37
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lake_poet :
Yea, still about a 50% drop needed before prices align with the job market, salaries and quality of life. Toronto's North American peer is Chicago (though salaries are higher),avg price 375k USD
2024-09-12 00:17:02
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Peteandpete :
Love how 560k for 600sqft is considered a “buyers market” we live in a clown world, These things should be selling for 100k max 600sqft is a shoebox
2024-09-12 08:22:59
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jxga73 :
Tank baby tank
2024-10-07 02:58:00
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TikTokSurfer2021 :
1 bedroom shoeboxes under 600 sq feet are worth no more than $450k - anything more is a scam
2024-09-11 13:53:43
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Rick Plissken 🇨🇦 :
Prices only down 2% from last year despite this supply. Owners insisting on high prices above what market would require to clear in normal time
2024-09-12 00:42:04
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Dan_Seleanu :
Boycott condos. Let the market burn.
2024-09-11 22:05:23
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Harvest :
Do not buy people, it’s gonna get worse
2024-09-11 00:30:21
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C a m i l a :
Great content! Thanks for sharing!
2024-09-10 22:40:36
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Gen Rafique :
vancouver is loaded with condos right now as well
2024-10-10 08:12:32
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Lovina5551 :
Tested and trusted..@Coach Susan
2024-09-17 14:40:20
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Esther89911 :
Trade with the best trader on tiktok..@Coach Susan
2024-09-17 07:50:55
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Yaya :
600k for Sqft 499 plus 500+ maintenance fees. who is crazy enough would buy now
2024-09-13 17:49:39
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Justin :
600k for a shoebox, who would wanna commit to that and maintenance fees?? Double mortgage to live in a box. No thx
2024-09-13 07:46:46
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Astrid’s Asteroid :
No one wants to buy them
2024-09-12 15:16:14
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beechtowel :
Half a million for a space slightly bigger than a standard hotel room 😞
2024-09-12 10:05:53
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InfiniteFestivesDecor :
How is tge rent market? Will it also go down or we’re not seeing any decrease on rentals?
2024-09-12 02:23:48
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user8280941104618 :
Yup
2024-09-12 02:14:52
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MR7 :
sellers are not dropping prices enough
2024-09-11 20:51:12
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Tr G :
Prices are still high for value. i want a 1 bdr but not overpaying bc they did and the realtors i spoke to agree
2024-09-11 19:20:55
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SCDTTY_ :
I’ve been waiting for this. Still wait for prices to come down more.
2024-09-11 10:23:44
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Mike Hunt :
Hold on buyers. Resist the urge to jump in. We are nowhere near the bottom. Going to get ugly
2024-09-10 21:54:03
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