Podcasts about trreb

Send us a textIn this episode of The Last Honest Realtor, host David Fleming unpacks the April 2025 TRREB data and asks the question that's on every seller's mind: Why hasn't spring sprung?Despite record-high listings and multiple Bank of Canada rate cuts, buyer activity remains muted. David dives into the growing confidence gap between buyers and sellers, and what this standoff means for the summer and fall markets.What starts with market stats quickly evolves into a sharp, story-driven look at buyer psychology, seller rigidity, and the misfires that happen when agents don't set proper expectations. If you're wondering why listings are piling up and offer nights keep falling flat, this episode delivers the data — and the diagnosis.In This Episode:Why April saw record listings but near-record low salesHow fear of overpaying is replacing fear of missing outWhat today's buyers are thinking — and why many are stuck in limboWhy sellers are still pricing like it's 2022How unrealistic expectations are tanking otherwise solid listingsTimestamps:00:00 – April Stats Are In: Listings Surge, Sales Stall05:00 – Buyer Confidence Is Gone — and It's Not Coming Back Soon10:00 – Offer Nights That Go Nowhere: The New Normal14:00 – Why Sellers Refuse to Lower Prices Even When They Should19:00 – Condo Inventory, Absorption Rates, and the Myth of “Nothing Is Selling”25:00 – FOP greater than FOMO: The Psychology Driving the 2025 Market31:00 – Market Shocks Ahead: Interest Rates, Immigration Caps, and Precon Defaults37:00 – Fall Forecast: When, Why, and If Buyers Will ReturnAlso in This Episode:A cautionary tale of the $1.25M condo that relisted at $999K — same unit, different strategyWhy switching agents without changing expectations is a recipe for failureWhat savvy agents are doing right now to actually close dealsSubscribe to The Last Honest Realtor on YouTube or your preferred podcast app. Drop a comment if you're navigating this market — or trying to make sense of it.Bosley Real EstateDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showSubscribe and Follow:Toronto Realty Group WebsiteToronto Realty Group YouTubeToronto Realty Blog InstagramToronto Realty Blog TwitterToronto Realty Blog Facebook

For the first time in 2025, Vancouver home prices have declined—and combined with multi-year lows in sales activity, have we finally reached the bottom of this market cycle?In this week's episode, we dive into the May market update for Vancouver, examining why—after four consecutive years of declining home sales—we may be approaching a cyclical turning point. Vancouver just posted its lowest April sales figures since 2019, and for context, this is now the longest recorded slowdown in the GVRD since 2005. But what's fascinating is that some early signs of life are emerging in other major Canadian markets—especially Toronto. TRREB reported a modest 1.8% increase in sales in April, breaking a brutal two-month, 27% drop. Is this a blip, or the beginning of the stabilization phase?We break down affordability and consumer confidence, two key drivers of real estate cycles. With mortgage payments on a typical home now at $2,600—the lowest since May 2022—affordability is quietly improving. And with consumer sentiment indexes showing their first significant jump in over a year, buyer psychology could be shifting. Should the Bank of Canada cut rates in June, as markets are pricing in, it could bring payments back to 2022 levels—when sales volumes were 52% higher.We then turn to Toronto, where the situation is more extreme. GTA sales remain 21% lower year-over-year, with condo sales down a staggering 30%—the lowest sales figures seen in 25 years (excluding COVID lockdowns). Inventory is ballooning, up 51% overall and 83% for condos in the 416. And prices across all asset types have dropped: condos are down 6.8%, detached homes 5.4%. Meanwhile, the rental market is under pressure too. With 16,000 rental listings, GTA rental inventory is at an all-time high. Rents are now 13% below peak levels, and investor demand has fallen off a cliff. But with prices and rates declining faster than rents, even cash flow metrics are beginning to improve—though we're still far from equilibrium.We then circle back to Vancouver. Despite the sales slowdown, condos have shown surprising resilience—both in sales and price. Condo transactions are down just 56% from peak levels (compared to 71% for detached homes) and prices have only slipped 2% from their highs,  outperforming detached and townhouse segments. In fact, when looking at the broader GVRD—excluding downtown Vancouver—condo prices have barely moved.New listings in Vancouver came in slightly below 2024 levels but remain steady, and inventory continues to climb, reaching an 11-year high for April. With buyers still largely on the sidelines, the sales-to-active ratio has held in balanced market territory for 12 straight months—14% overall. The days-on-market average ticked up to 16, and foreclosure activity rose slightly but remains a minor share of total listings.Finally, we close with price movement: The Home Price Index fell by 0.5% this month, the first drop of the year, bringing the average Vancouver home price to $1.184M. The average price dropped by $20,000, and prices are now 1.8% lower than they were a year ago.Whether we've hit the bottom or are simply sliding along it remains to be seen—but the data suggests that a turning point could be on the horizon. Be sure to tune in for our full analysis, charts, and predictions—so you're prepared for what's next in this shifting market. _________________________________ Contact Us To Book Your Private Consultation:

The Canadian Housing Market Just Cracked — What's Coming Next Is Brutal

There's no sugar-coating it—the Toronto market's been rough.April 2025 numbers from TRREB show sales down 23.3% year-over-year and the average price dipping 4.1%. That's a tough headline. But here's the part people are missing: behind the negative press, there's a lot of good news—if you know where to look.Schedule a 15-minute appointment to chat with me here: https://www.broadviewavenue.ca/appoin... Download our guides here: How to Ask Your Parents For Help: https://www.broadviewavenue.ca/family... The Toronto Professional's Guide to Real Estate Investing: https://www.broadviewavenue.ca/guide-... ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Subscribe now to keep updated for more information. If you want to chat with us, do the following: 1. Send an email at ken+youtube@broadviewavenue.ca; or 2. Send a direct message on my Instagram account below; or 3. Book an appointment for a 15-minute video chat using the link on our website. If you're not ready to reach out and just want to follow for more, find us online: YouTube: https://www.youtube.com/kennethyimhom... Instagram: / kennethyimhomes TikTok: / kennethyimhomes LinkedIn: / kennethyimhomes Facebook: / broadviewavenue Web: http://www.broadviewavenue.ca

Is the market heating up or cooling down? We're breaking down the latest numbers from TRREB. Happy Real Estate!Check us on Feedspot as one of the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Top 25 Toronto Real Estate Podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠*FOLLOW US FOR TORONTO HOUSING UPDATES*IG: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/jenellecameronteam/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠FB: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/JenelleCameronTeam⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠WEBSITE: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://www.jenellecameron.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

On February 5, TRREB released its 2025 Market Outlook and Year in Review. This is your go-to resource for understanding what's next for the housing market. In this episode, Sean Simpson, Senior Vice President of Ipsos Public Affairs sits down with Jason Mercer, TRREB's Chief Market Analyst and podcast host to break down emerging trends, buying and selling intentions, and what this means for the year ahead.

This was the BIGGEST live podcast of 2024 and now its here for all of you to listen to. If you live in or near any of these postal codes, NOW is the moment to get signed up for the 2025 How's The Market Podcast newsletter. Here are the TOP 10 Sold areas by Postal code for Toronto GTA in 2024 as per TRREB 2024 Stats (Dec update). M2L, L5J, M4V, M4N, L4C, M3B, L5H, L6L, M5P, M4W

This is the big moment of 2024. The final report of this year. This is when I create my Top 10 Countdown Podcast Report as we review the biggest sold stories of the year. Stay tuned for those. And after that, stay tuned for the Year In Review Podcast in early January 2025. The data from TRREB presents a November 2024 Greater Toronto Area (GTA) real estate market report. Key figures include almost $6.5B in total sales, a 40.1% year-over-year sales increase, a 6.6% rise in new listings, and a 2.6% average price increase to $1,106,050. The report analyses sales and average prices across different housing types, noting stronger performance in the detached market compared to condominiums.  Commentary from TRREB officials highlights more affordable market conditions due to lower borrowing costs and predicts a market recovery in 2025. Finally, the report also includes broader economic indicators such as inflation and interest rates. To get YOUR customized report, visit www.RealEstateWealthReport.com and sign up today. The numbers may surprise you... NOTE: This podcast is AI powered PS Halton Region and Mississauga are very HOT right now. More listings needed!!

Florida is a longtime sunshine destination for Canadians because of its attractive beaches and opportunities for year-round activities. Margy Grant, CEO of Florida REALTORS® joins guest host John DiMichele, CEO of TRREB, to discuss the dynamics of real estate in Florida, and how they're working with policymakers to combat affordability and supply challenges in the Sunshine State.

In case you missed it, the latest report is out via TRREB. And it's just showing you what my clients already knew. Fall 2024 is the hottest time to be on the market if selling. With record sold stories happening for certain homes, you do not want to miss this. And be sure to get your report at RealEstateWealthReport.com before you do anything else.

Unaffordability is a key driver for homebuyers and homeowners. That's why we need to see more mortgage changes that allow flexibility. Lauren van den Berg, President and CEO of Mortgage Professionals Canada (MPC) joins TRREB's Ready to Real Estate podcast host Jason Mercer to discuss the mortgage landscape and how MPC is working with all levels of government to implement reforms that will make homeownership more attainable for Canadians.

She is a Real Estate Broker in Toronto with a proven track record of helping hundreds of individuals and families find their new homes across the GTA. She is known for being dedicated, reliable, knowledgeable, and diligent in her work.Always striving to make the real estate experience as enjoyable and stress-free as possible, she takes pride in building lasting relationships with her clients, positioning herself as their go-to expert for all real estate matters. With experience working with clients from various age groups and life stages, she has gained invaluable insight, particularly in guiding first-time homebuyers through the exciting yet often overwhelming process of purchasing their first property. She says: real estate is about more than just transactions; it's about making the entire experience seamless and positive for her clients. In addition to her real estate practice, she has served on numerous committees and task forces with TRREB and was previously on the board of the Black Realtors Association.Joining me on this episode of The MindShare Podcast to talk about ' Mastering Real Estate: How She Helps Clients Thrive in a Competitive Market ' - is Special Guest – Broker – Soroya Dempsey5:14 *the GTA is one of the most competitive real estate markets in Canada. What strategies have you found most effective in helping your clients secure their ideal homes in such a fast-moving market?7:24 *first-time homebuyers often find the process overwhelming. What steps do you take to simplify the journey for them and ensure they feel confident throughout the process?11:22 *how do you keep up with market trends and ensure your clients are always well-positioned, whether they are buying or selling?13:54 *what's the most common misconception first-time buyers have, and how do you help them overcome it?17:02 *can you share a specific success story where you helped a first-time buyer navigate a particularly difficult situation? What did you learn from that experience?21:06 *you've built a reputation for establishing lasting relationships with your clients. What are some of the key actions or practices, and what marketing channels are your go to for building and maintaining trust with clients?35:58 *for real estate professionals who are just starting out, what advice would you give them about fostering long-term relationships with their clients?40:03 *the real estate market has its ups and downs. How do you stay motivated during challenging times, and what advice would you give to realtors facing a tough market?50:01 *you've been involved with both TRREB and the Black Realtors Association. How has your leadership and advocacy work shaped your approach to real estate?54:56 *where do you see the real estate market heading in the next year, particularly in the GTA? What should agents be preparing for?Thanks for tuning in to this episode of The MindShare PodCast with our special guest - Broker – Soroya Dempsey, as we talked about ' Mastering Real Estate: How She Helps Clients Thrive in a Competitive Market ' .Get your FREE gift on my homepage at www.mindshare101.com just for tuning in!I'd also be really grateful if you could take a quick second to go www.ratethispodcast.com/mindshare101 to rate the show for me.And we haven't connected yet, send me a message!Facebook: facebook.com/mindshare101 Instagram: instagram.com/davidgreenspan101Youtube: youtube.com/@DavidGreenspanLinkedin: linkedin.com/in/mindshare101

RE/MAX Canada has released its 2024 RE/MAX Canada Condominium Report. In this video interview, Samantha Villiard, Regional Vice President, RE/MAX Canada, discusses the key findings from the report. PRESS RELEASE TORONTO, Oct. 9, 2024 /CNW/ — Despite fears of leaving money on the table, sellers have returned to housing markets across the country in large numbers as the promise of future interest rate cuts draw skittish buyers back into the fray, according to a report released today by RE/MAX Canada. The 2024 RE/MAX Canada Condominium Report examined condominium activity between January – August 2024 in seven major markets across the country including Greater Vancouver, Fraser Valley, City of Calgary, Edmonton, Greater Toronto, Ottawa and Halifax Regional Municipality, and found that condo listings have soared in anticipation of increased demand in the fourth quarter of 2024 and early 2025. Growth in inventory levels was highest in the Fraser Valley (58.7 per cent), followed by Greater Toronto (52.8 per cent), City of Calgary (52.4 per cent), Ottawa (44.5 per cent), Edmonton (17.7 per cent), Halifax Regional Municipality (8.1 per cent) and Vancouver (7.3 per cent). Values have held up surprisingly well given the influx of listings, with gains posted in Calgary (15 per cent), Edmonton (four per cent), Ottawa (2.3 per cent), Vancouver (1.9 per cent), Fraser Valley (1.9 per cent), and Halifax (1.2 per cent). Meanwhile in Greater Toronto, the average price fell two per cent short of year-ago. While sales were robust in Alberta thanks to in-migration from other parts of the country, Edmonton led the way in terms of percentage increase in the number of condos sold, up just close to 37 per cent from year-ago levels, marking the region's best performance in the previous five-year period. This is followed by a more tempered Calgary market, which was up 2.6 per cent over 2023. Remaining markets saw home-buying activity soften in the condominium sector. “High interest rates and stringent lending policies pummeled first-time buyers in recent years, preventing many from reaching their home-ownership goal, despite having to pay record high rental costs that mirrored mortgage payments,” says RE/MAX Canada President Christopher Alexander. “The current lull is the calm before the storm. Come spring of 2025, pent-up demand is expected to fuel stronger market activity, particularly at entry-level price points, as both first-time buyers and investors once again vie for affordable condominium product.” SOURCE: Greater Vancouver REALTORS, Fraser Valley Real Estate Board, Calgary Real Estate Board, REALTORS Association of Edmonton, Toronto Regional Real Estate Board, Ottawa Real Estate Board, Nova Scotia Association of REALTORS. *Apartments Only **Estimated average price for Greater Vancouver Edmonton and Calgary remain firmly entrenched in seller's market territory, while conditions are more balanced in Greater Vancouver, Fraser Valley, Ottawa and Halifax. These markets will likely transition in 2025. Toronto may be the last to emerge from more sluggish conditions, however, Alexander notes that it's a market that has been known to turn quickly. Absorption rates will be a key indicator. Certainly, the market forces of supply and demand always prevail, so some neighbourhoods will fare better than others. Of note in Toronto, prices have likely bottomed out and that's usually evidence that a turnaround is in sight. The current uptick in inventory levels is drawing more traffic to listings, yet buyers remain somewhat skittish across the country. The first two Bank of Canada interest rate cuts did little to entice prospective homebuyers to engage in the market, given the degree of rate increases that took place. However, with further rate reductions expected and policy adjustments to address affordability and ease entry into the market, activity will likely start to climb, particularly among end users. “Even in softer markets, hot pockets tend to emerge,” says Alexander. “In the condominium segment we're seeing a diverse mix among the most in-demand areas, ranging from traditional blue-chip communities to gentrifying up-and-comers, as well as suburban hot spots. Condominiums in choice recreational areas were among the markets posting stronger sales activity—a trend that was also reflected in our single-detached housing report issued earlier this year.” In each market, there are condominium pockets that defied overall trends. In the Greater Toronto Area, condominium sales were up by double digits in the first eight months of 2024 in midtown communities such as Toronto Regional Real Estate Board (TRREB)'s Yonge-Eglinton, Humewood-Cedarvale, Forest Hill South (C03) where activity increased 25.3 per cent (114 condo sales in 2024 compared to 91 sales in 2023) and Bedford-Park-Nortown, Lawrence Park, and Forest Hill North (C04) rose 13.3 per cent (128/113). The west end's High Park, South Parkdale, Swansea and Roncesvalles (W01) communities experienced a 15.7-per-cent upswing in units sold (206/178) while neighbouring W02 including High Park North, Junction, Lambton Baby Point, and Runnymede-Bloor West Village climbed 25.2 per cent (189/151). In the east end, the Beaches (E03) reported a 20.3-per-cent increase in sales activity. In Greater Vancouver, an uptick in apartment sales was noted in suburban markets including Port Coquitlam where the number of units sold was up 11 per cent (263 in 2024 compared to 237 in 2023) while more moderate increases were posted in New Westminster (up 0.4 per cent) and recreational communities such as Whistler/Pemberton (up 3.3 per cent). In Fraser Valley, Mission was the sole market to experience an increase in apartment sales, according to the Fraser Valley Real Estate Board, up just over 74 per cent year-over-year (68 in 2024 compared to 39 in 2023). Strong sales were also reported in Calgary neighbourhoods such as Eau Claire (up 59.1 per cent) and Downtown East Village (up 17.3 per cent). Meanwhile, RE/MAX found that investor activity has stalled in most markets. The slowdown has been most notable in Greater Toronto, where up to 30 per cent of investors have experienced negative cashflow on rental properties as mortgage carrying costs climbed, according to analytics by Urbanation and CIBC Economics. Investor confidence is expected to recover in the months ahead, as interest rates fall and return on investment (ROI) improves. Edmonton bucked the trend in investor pullback. With supply outpacing demand in Canada's most affordable condominium market, savvy investors in Edmonton have been actively revitalizing tired condominium stock and subsequently renting it out for top dollar. Affordability has been a significant draw for out-of-province investors, particularly those from Ontario and British Columbia who are seeking opportunities further afield to bulk up their portfolios. Out-of-province developers and builders have been similarly motivated by Edmonton's lower development costs and lack of red tape. Halifax to a lesser extent has drawn investor interest, with affordability, low vacancy rates and upward pressure on rents being the primary factor behind the city's appeal. “In many markets, end users are in the driver's seat right now,” explains Alexander. “While investors are an important part of the purchaser pool, this point in time is a unique opportunity for aspiring condominium buyers who, for a short window of time, will likely see less competition from investors and a better supply of product. This is especially true in Toronto and Vancouver, where the impact of monetary policy has hit investor profit margins to a greater extent despite high rent and low vacancy rates. With values set to rise, this is arguably the most favourable climate condominiums buyers have seen in recent years.” In the longer term, immigration to Canada and in-migration/out-migration from one province or region to another will continue to prop up demand for condominiums in the years to come, as condominiums now represent both a first step to home ownership, and increasingly—in Canada's most expensive markets—the middle step as well. Although population numbers are forecast to contract in the short-term, overall growth will resume, with Statistics Canada's projections falling just short of 44 million to as high as 49 million by 2035. Increasing density and urbanization, along with continued population growth is expected to support the long-term outlook for condominium activity nationally. Canada's urban population has been climbing consistently since the post-WWII period with an estimated 80 per cent of Canadians residing in urban centres. Downtowns are growing fast, and more rapidly than ever before. “The housing mix is evolving very quickly as a result of densification and urbanization. Condominiums now represent the heart of our largest cities, and it is inevitable that further development will see condos become the driving force accounting for the lion's share of sales in years to come,” says Alexander. “It's a physical and cultural shift that Canadians are not only adjusting to but are embracing, as younger generations redefine urban neighbourhoods, sparking demand for vibrant and robust amenities, infusing new life in Canada's urban cores in the process.” Market by market overview Greater Vancouver Area and Fraser Valley Softer market conditions prevailed throughout much of the year in the Greater Vancouver Area and the Fraser Valley, with fewer sales of condominium apartments occurring across the board in 2024. In Greater Vancouver, year-to-date apartment sales between January and August were well off year-ago levels at 9,248, according to Greater Vancouver Realtors, down just over eight per cent from the same period in 2023. Neighbouring Fraser Valley reported just 3,130 apartments changing hands between January and August of this year, down 8.5 per cent from year-ago levels. Values continue to climb in the Fraser Valley, where the overall average price year-to-date for apartment units is up two per cent year-over year ($559,215/$548,658) according to the Fraser Valley Real Estate Board, while Vancouver has edged up two per cent to $823,550 in 2024, compared to $807,085 in 2023. Home-buying activity started with a bang in both Greater Vancouver and the Fraser Valley this year as the anticipation of interest rate cuts in April fuelled momentum. When it became evident that interest rates would hold steady until June or July, the wind was sucked from the market sails. Several areas in Greater Vancouver have reported an increase in year-to-date sales, including Port Coquitlam (263 sales in 2024 compared to 237 sales in 2023), New Westminster (546/544) and Whistler/Pemberton (186/180). Despite several interest rate cuts to date, however, buyers are still skittish, holding off on purchasing their home until rates decline further, while sellers are reluctant to list their homes for fear of leaving money on the table. The catch-22 situation has been frustrating for buyers and sellers alike, but buyers who pull the trigger now on a purchase, may ultimately find themselves in a better position come spring. Selection is good with more than 2,100 apartments currently listed for sale in Greater Vancouver and another 2,080 available in the Fraser Valley, and buyers have the luxury of time to make thoughtful decisions. Come spring, the number of purchasers in the market is expected to increase, placing upward pressure on values. Some of the most popular areas for condominium sales in Greater Vancouver in recent years are in East Vancouver. Its culturally diverse and artsy neighbourhoods, top-shelf restaurants and cafés, including Michelin Star Published on Main, as well as craft breweries and entertainment, have served to draw a younger demographic. False Creek, Mt. Pleasant, Kits Point, Fairview, Pt. Grey and Dunbar offer condo buyers a spectacular view of North Vancouver and the Burrard Inlet and easy access to the Skytrain, bike and walking paths, parks and recreational facilities. A one-bedroom apartment in an established building in Mt. Pleasant can be purchased for approximately $650,000, while newer product can be picked up for as low as $490,000 to a high of $928,000. Prices in nearby Kits trend higher with a one-bedroom hovering at $715,000 on average. The lion's share of apartment sales in both Greater Vancouver and Fraser Valley are occurring under the $800,000 price point for a one-bedroom apartment, while a two-bedroom priced below $1 million will generate solid interest. The Valley tends to offer greater selection under the $800,000 price point, and typically has more appeal with first-time buyers. As demand rises in tandem with the Bank of Canada's interest rate cuts, absorption levels should increase. Spring of 2025 is expected to be characterized by strong demand and dwindling supply, with modest increases in average price. Strong economic fundamentals going into the new year will support an increase in home-buying activity, with lower interest rates and longer amortization periods helping to draw first time buyers into the market once again. City of Calgary While interprovincial migration has slowed from year-ago levels, overall net migration to Alberta continues to climb, sparking demand in the province's affordable real estate market. In Calgary, the sale of condominium apartments experienced a modest increase of almost three per cent in the first eight months of the year, with 5,722 units changing hands compared to 5,577 sales during the same period in 2023. Year-to-date average price has climbed 15 per cent year-over-year to just over $347,000, up from $301,868 in 2023, according to the Calgary Real Estate Board. Growth has been noted in virtually all areas of the city, with the greatest percentage increases in sales occurring in Eau Claire (59.1 per cent), Killarney/Glengary (46.7 per cent), Garrison Woods (64.7 per cent) Garrison Green (23.5 per cent) and Currie Barracks (18.2 per cent). Most condominium apartment sales are occurring in the downtown district, where walkability plays a major role. Younger buyers tend to gravitate toward the core area, which allows residents to walk to work and amenities. Not surprisingly, the highest number of sales occurred in the Downtown East Village, where 129 units have been sold year to date, up from 110 sales one year ago. Significant gains have also been posted in average price, with Saddle Ridge experiencing an increase in values close to 36 per cent, rising to $317,997 in 2024, followed by Hillhurst, which increased 21.4 per cent to $423,873. Out of the 12 key Calgary markets analyzed by RE/MAX, seven posted double-digit gains in values. Seller's market conditions prevailed in the city throughout much of the year, with strong demand characterizing home-buying activity. Luxury apartment sales are on the upswing, with 49 apartments selling over $1 million so far this year compared to 41 during the same period in 2023, an increase of 19.5 per cent. Empty nesters, retirees and oil executives are behind the push for high-end units, most of which are in the downtown core offering spectacular views of both the Bow River and the mountains. First-time buyers are most active in the suburbs, where they can get the best bang for their buck in communities such as McKenzie Town, Panorama Hills and Saddle Ridge. Apartment values in these areas average around $300,000, making them an attractive first step to home ownership, but also an affordable entry point for small investors. After a heated spring market, inventory levels have improved substantially, with a relatively good selection of condominiums available for sale. Inventory levels hover at close to 1,500, up substantially from year-ago levels, with the sales-to-new listings ratio now sitting at 60 per cent. With interest rates trending lower, more buyers and a greater number of investors are expected to enter the market in the year ahead. Rather than waiting for next spring, when rates are lower but prices are higher, buyers may want to consider making a purchase today when supply is healthy and market conditions are less heated. Buying with a two-month closing could also capture the expected Bank of Canada rate cuts in October and December. Edmonton Home-buying activity in the Edmonton's apartment segment exploded in 2024, with year-to-date sales almost 37 per cent ahead of year-ago levels. Affordability continues to be the catalyst for activity, with 3,351 units changing hands, up from 2,452 sales one year ago, making 2024 the best year for apartment sales in the past five years (for the January to August period). The average price of an apartment in Edmonton year-to-date is $200,951, up four per cent over year-ago levels, according to the Realtors Association of Edmonton, making Edmonton the lowest-priced major market in the country. Immigration and in-migration have seriously contributed to the uptick in sales, with Edmonton reporting record population growth in 2023. Statistics Canada data for Alberta in the second quarter of 2024 show net interprovincial migration continues unabated, up almost 11 per cent, with 9,654 new residents coming from other Canadian centres – the majority hailing from Ontario and British Columbia. During the same period, immigration numbers remained relatively constant at 32,000. The sales-to-new-listings ratio now sits at 65 per cent—clear seller's territory. Many condominiums are now moving in multiple offers. The influx of newcomers has buoyed the city, with growth evident in neighbourhoods from the downtown core to the suburbs. Most are buying up properties, as opposed to renting, as they may have done in years past. Home ownership is more-easily attainable in Edmonton relative to other major cities, with the cost of a condominium apartment as low as $100,000. Newer condominiums are available for less than $300,000. Condominiums vary in shape and size in Edmonton, with row house condominiums featuring a backyard and a garage being a major attraction. Investors have also entered the picture, buying up older, tired condo units, fixing them up and renting them out for top dollar. Lower development costs have also prompted an influx of out-of-province builders and developers who can quickly construct 20- and 30-floor high-rise towers or townhouse developments that fill the missing middle. Well-known builders in Ontario and British Columbia are moving into the Alberta market because of the lack of red tape. Several condominium buildings are currently underway, with many more in various stages of planning. With demand currently outpacing supply, the quicker these units come on stream, the better. By 2027, more balance market conditions are expected. First-time buyers are also exceptionally active in the condo segment. Affordable price points and a notable lack of provincial and municipal land transfer taxes allow younger buyers to easily enter the market. Purchasers who are coming from other provinces quickly realize how far their dollar stretches in Edmonton, as the low cost of housing allows for more disposable income. Homeowners can pay their mortgage, go out for weekly dinners, and have an annual vacation, without too much stress. Amenity-rich Oliver remains one of the most coveted hubs in Edmonton. West of 109th St. and the downtown core, the diverse neighbourhood offers a mix of new condominium development including walk ups, mid- and high-rise buildings, and peripheral spin off including retail shops, restaurants and entertainment, all within a short walk to the River Valley. Demand is especially high thanks to the walkability of the area and close proximity to the ICE District. Old Strathcona and Whyte Avenue are also sought-after. The trendy arts and cultural area boasts a mix of funky, bohemian-style and historic buildings, galleries, boutiques, shops, restaurants, cafes and a vibrant nightlife. Edmonton's housing market continues to be driven from the bottom up. Renters move into condo apartments, who move into condo row housing, who move into townhomes and eventually make their way to single-detached homes. The cycle is expected to be supported by a strong local and provincial economy heading into 2025 as monetary policy continues to ease, households and businesses increase spending, and oil prices climb. Greater Toronto Area Demand for condominium apartments and townhomes in the Greater Toronto Area has softened year-over-year, with sales off 2023 levels by eight per cent. Close to 16,800 condo apartments and townhomes changed hands between January and August 2024, down from 18,263 sales during the same period in 2023. Overall condominium values fell almost two per cent, with average price now sitting at $732,648 for apartments and townhomes, down from $747,039 during the same period in 2023, according to data from the Toronto Regional Real Estate Board (TRREB). Two buyer pools are impacting the condominium market at present—investors and end users. The investment segment has stalled, as a growing number of condominium investors find themselves unable to cover their carrying costs when closing, despite a relatively strong rental market. In a July 2024 report, Urbanation and CIBC Economics examined the distribution of cash flow by dollar amount and found that 30 per cent of investors of new condos completed in 2023 were cash flow negative by $1,000 or more. End users, especially those seeking larger one-bedroom-plus-den or two-bedroom units, are active in the condo market, particularly in the Forest Hill South, Yonge-Eglinton, Humewood-Cedarvale (C03) and Bedford-Nortown, Lawrence Park and Forest Hill North (C04). Several new buildings in these areas have prompted a 25.3- and 13.3-per-cent uptick in sales activity respectively, while average price has edged slightly higher in Forest Hill South, Yonge-Eglinton, Humewood-Cedarvale ($871,839 in 2024 compared to $863,681 in 2023). Double-digit increases in year-to-date condominium sales in the 416 were also reported in west end communities such as High Park, South Parkdale, Swansea and Roncesvalles (up 15.7 per cent), High Park North, Junction, Lambton- Baby Point, and Runnymede-Bloor West Village (up 25.2 per cent); and in the east, the Beaches area (up 20.3 per cent). In the 905-area code, an uptick in condo activity was noted in Halton Hills (up 21.6 per cent) and Milton (up 13.3 per cent); and in Newmarket (up 30.6 per cent). Close to 43 per cent of TRREB districts in the 416-area code reported modest gains in average price between January and August of 2024, led by the Annex, Yonge-St. Clair (C02), with a close to 14-per-cent increase in values. One in four markets in the 905-area code have posted gains in condominium values year-over-year. Inventory levels continued to climb throughout much of the year as available resale units were joined by an influx of new completions on the Multiple Listing Service (MLS). Selection has vastly improved over year-ago levels, with over 8,300 apartment units actively listed for sale at the end of August, compared to 5,455 units during the same period in 2023. Almost 1,700 active listings were reported in the condo townhouse segment, up 53 per cent from the 1,110 posted in 2023. Pre-construction condominium assignments are still occurring as investors look to sell their units before registration, but the pace has subsided since 2023. New completions have slowed in the second quarter of this year in Greater Toronto–Hamilton in large part due to the lack of investor interest, with starts off last year's level by 67 per cent, according to Urbanation. Repercussions in the short-term will be negligible but the longer-term impact is expected to be substantial. Twenty-thousand new condominium units are planned for the GTA in 2025; 30,000 in 2026; and 40,000 in 2027. In 2028, the figure falls to 5,000 units. At that point, construction will heat up, but not fast enough to meet demand. With a six-month supply of condominiums currently available for sale, the GTA market is heading into clear buyers' territory. With values at or near bottom and Bank of Canada overnight rates trending lower, the fall market may represent the perfect storm for first-time buyers. As rates drop, more buyers are expected to enter the market in the months ahead. As absorption rates increase, the current oversupply will be diminished and demand will take flight, placing upward pressure on average prices once again. Ottawa Although downsizing empty nesters, retirees and first-time homebuyers fuelled steady demand for condominium apartments and walk-ups in Ottawa in 2024, the number of units sold between January and August fell short of year-ago levels. The Ottawa Real Estate Board reported just over 1,400 condominium apartments changed hands year to date, down less than one per cent from 2023. Meanwhile, values rose 2.3 per cent over last year, with average price rising to $447,042. Affordability remains a major concern in Ottawa, despite changes to monetary policy in recent months. First-time buyers find themselves locked out of the freehold market, given high interest rates and stringent lending policies. Fixed mortgage rates have dropped in recent weeks and are expected to continue to decline for the remainder of the year and into 2025, but potential buyers are still wary. Inventory levels have increased year over year as a result, with active listings in August hovering at 636, approximately 44.5 per cent ahead of 2023. First-time buyers who choose to move forward with a purchase are typically looking for condominiums with low monthly maintenance fees and a parking spot priced from $500,000 to $550,000. The downtown core to Centretown and Dows Lake are popular destinations, given the proximity to the workplace, shops and restaurants. Those seeking to spend less could find a lower-priced unit in an older building for $350,000 but monthly condominium fees would be significantly higher. Suburban condominiums in areas such as Kanata, Barrhaven, and Orleans are also an option, priced from $375,000 to $400,000. Tighter inventory levels exist in the luxury segment, where fewer condominium apartments are available over the $850,000 price point. Empty nesters and retirees are responsible for the lion's share of activity in the top end of Ottawa's condominium market. Westboro, the Golden Triangle, and Centretown, as well as neighbourhoods undergoing gentrification including The Glebe, Lansdowne, and Old Ottawa East, are most sought-after by buyers, many of whom are downsizing. Walkability is a major factor in these communities, with condominium apartments within walking distance to top restaurants and cafes, unique shops and picturesque walking paths. As consumer confidence grows with each interest rate cut, more and more buyers should return to the market. Fourth-quarter sales are expected to be comparable to year-ago levels, but the outlook for spring of 2025 appears to be bright. Pent-up demand is building and those first into the market will reap the rewards. Halifax Regional Municipality After three consecutive interest rate cuts and the prospect of two more by year end, optimism is finally building in the Halifax Regional Municipality housing market. Average condominium values have edged ahead of year-ago levels in the first eight months of the year, now sitting at $484,491, up one per cent over the $479,558 reported during the same period in 2023. Condominium sales, however, declined year over year, with 510 properties changing hands between January and August, down close to seven per cent from last year's levels, according to data compiled by the Nova Scotia Association of Realtors. The trepidation that existed earlier in the year is subsiding and confidence is starting to grow as inflation is curtailed. The most competitive segment of the overall housing market remains under $600,000 in the Halifax area, with first-time buyers most active at this price point. Entry-level condominiums priced between $300,000 and $400,000 are most sought after, while semi-detached and townhomes tend to be the preferred choice over $400,000. At the top end of the market, condominium sales over $750,000 have experienced a modest uptick, with 35 properties sold so far this year, compared to 34 during the same period one year ago. Year-to-date average price in the top end of the market has softened from year-ago levels, sitting at almost $940,000, down from $957,300 during the same timeframe in 2023. Young professionals and retirees are largely behind the push for higher-end condominiums, with most sales occurring within the city's downtown core. Downward pressure on interest rates has prompted more sellers to list their condos in recent weeks, but there are no liquidation sales occurring. Inventory levels are up just over eight per cent from 2023. The vast majority of condominium apartments are found on the peninsula's northeast quadrant, central and downtown cores. Some developments are situated on the waterfront in Dartmouth (near the ferry) and in Bedford, but supply is less plentiful in these areas. Investors are also active in Halifax's condominium market with an eye toward rental properties. Multi-unit housing remains exceptionally popular, with most investors interested in buildings with eight to 10 units. Four-plexes and duplexes are also an option, given the city's low vacancy rates and upward pressure on rent. In-migration and immigration have continued to play a role in the city's growth, although the influx of newcomers has abated somewhat from peak levels. Positive international immigration, coupled with interprovincial migration, contributed to a net increase of 6,000 people in the second quarter of 2024. Major improvements are planned for the Dartmouth waterfront that will make it more pedestrian friendly in the coming years, including public spaces and cruise ships. The redevelopment hopes to mirror the success of Halifax's vibrant waterfront area that continues to attract both visitors and residents to the area's restaurants and cafes, outdoor kiosks, retail shops, playgrounds, museums, and the ferry terminal.  With continuous investment and a bold new vision for the municipality, Halifax is expected to thrive in the years ahead, given the city's affordable real estate and spectacular topography. About the RE/MAX Network  As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in almost 9,000 offices with a presence in more than 110 countries and territories. RE/MAX Canada refers to RE/MAX of Western Canada (1998), LLC and RE/MAX Ontario–Atlantic Canada, Inc., and RE/MAX Promotions, Inc., each of which are affiliates of RE/MAX, LLC. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides. RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children's Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search home listings or find an agent in your community, please visit remax.ca. For the latest news from RE/MAX Canada, please visit blog.remax.ca. Mario Toneguzzi Mario Toneguzzi is Managing Editor of Canada's Podcast. He has more than 40 years of experience as a daily newspaper writer, columnist, and editor. He was named in 2021 as one of the Top 10 Business Journalists in the World by PR News – the only Canadian to make the list. He was also named by RETHINK to its global list of Top Retail Experts 2024. About Us Canada's Podcast is the number one podcast in Canada for entrepreneurs and business owners. Established in 2016, the podcast network has interviewed over 600 Canadian entrepreneurs from coast-to-coast. With hosts in each province, entrepreneurs have a local and national format to tell their stories, talk about their journey and provide inspiration for anyone starting their entrepreneurial journey and well- established founders. The commitment to a grass roots approach has built a loyal audience on all our social channels and YouTube – 500,000+ lifetime YouTube views, 200,000 + audio downloads, 35,000 + average monthly social impressions, 10,000 + engaged social followers and 35,000 newsletter subscribers. Canada's Podcast is proud to provide a local, national and international presence for Canadian entrepreneurs to build their brand and tell their story #business #CanadasNumberOnePodcastforEntrepreneurs #Condo Market #Condos #entrepreneurs #entrepreneurship #Homes #Housing #RealEstate #small business

Send us a textIn this episode of The Last Honest Realtor podcast, host David Fleming dives into the latest statistics from the Toronto real estate market, with a specific focus on the September numbers. David takes you through the key stats from the Toronto Real Estate Board (TRREB) and delivers a bold prediction for what's to come, despite the market's bleak outlook.David explores the data behind the current market conditions, covering everything from record-low sales figures to a rising number of listings, and explains why the Toronto market might be gearing up for a significant uptick. With interest rate cuts looming, this episode provides insight into why buyers are still holding back and when things might change.If you're curious about what's really happening in the Toronto housing market or want to know how these numbers could affect your buying or selling decisions, this episode is packed with valuable insights.In This Episode:Deep dive into the latest TRREB statistics for SeptemberWhy sales are hitting near-historic lowsThe sharp rise in new listings and what it means for the marketUnderstanding the absorption rate and its implicationsInterest rate cuts and how they could reshape the market in 2025Timestamps:00:00 - Introduction00:05 - Overview of TRREB's September statistics02:13 - Key changes in inflation and interest rates04:04 - Revising predictions for the rest of 2024 and into 202509:18 - Sales data: Second fewest sales ever recorded in September11:06 - Inventory surge: Second-highest new listings on record12:47 - Absorption rate hits a historic low—what this means15:42 - Price increases despite low absorption: Why?Don't Miss:David's bold prediction for Toronto's real estate marketWhy the fundamentals suggest the market is ready to pick upThe underlying reasons behind buyer hesitationA sneak peek into Monday's blog post on the Toronto Realty BlogSubscribe to The Last Honest Realtor on YouTube or your preferred podcast platform. Like, comment, and share your thoughts on the latest real estate stats—let's keep the conversation going!Support the showSubscribe and Follow:Toronto Realty Group WebsiteToronto Realty Group YouTubeToronto Realty Blog InstagramToronto Realty Blog TwitterToronto Realty Blog Facebook

On this episode of TRREB's Ready to Real Estate podcast, we're shifting focus to Queen's Park to discuss Ontario's recent efforts to combat the housing crisis. Learn how the passing of Bill 185 and the Provincial Policy Statement are set to tackle the housing shortage and improve affordability. Dive into the details with Steve Adler, Senior Director of Public Affairs at NATIONAL Public Relations, and John Michael McGrath, columnist, reporter, and podcaster at TVO.org with podcast host TRREB's Chief Market Analyst, Jason Mercer.

Mary-Anne Gillespie, real estate coach, joins the Ready to Real Estate podcast with host Jason Mercer, TRREB's Chief Market Analyst, to discuss open houses. Learn tips and strategies to help set you apart from the competitive market, engage buyers, and build a rapport with potential clients. 

How is AI reshaping the future of real estate? Sean Provencher, Founder and CEO of Endgame Coaching, sits down with Ready to Real Estate podcast host Jason Mercer, TRREB's Chief Market Analyst, to discuss how to effectively navigate AI and how REALTORS® can harness the power of this new technology.

Real Estate Trends & Affordability Concerns With TRREB w/Jennifer Pearce #264   Jennifer Pearce, President of the Toronto Regional Real Estate Board (TRREB) and broker/owner of Re/Max Rouge River since 2000, joins me in studio to talk about current trends in the market; prices within the GTA; what are the growing areas within the GTA; what are some of the factors contributing to the affordability crisis; what is TRREB doing to help address these issues currently and for the future; what are some of the changes that are happening now and will they address future concerns; what is the future for the MLS system; future technologies and MORE!   Contact: President@TRREB.ca    This episode proudly sponsored by Mayfair Law Group.   Are you a landlord or tenant in need of legal assistance? Mayfair Law Group has got you covered! Our experienced team specializes in Landlord and Tenant Board services, providing expert guidance and representation for all your Landlord or Tenant legal needs. Contact us today at 416-546-1581 and let us help you navigate the complexities of landlord and tenant law.    Other Links: Gary's mentorship program visit https://garyhibbert.ca 

Catch Monty Moran, former CEO of Chipotle on TRREB's Ready to Real Estate podcast and discover inspiring insights on leadership, empowerment, and building a culture focusing on curiosity, love, and vulnerability. Dive into this impactful and enlightening conversation with podcast hosts TRREB CEO John DiMichele and TRREB President Jennifer Pearce.

He entered the real estate industry in 1989 and has since gained extensive knowledge in residential sales, commercial ventures, and land assembly projects. He has earned various designations, and has received recognition for his achievements, including the 'RE/MAX Hall of Fame' designation. He has also been actively involved in the industry, serving on TRREB committees and holding positions such as Arbitration Chair, MLS Committee Chair, and 2017/2018 TREB President. His knowledge and expertise have been sought after as an industry speaker and has been continuously featured in numerous media interviews including newspaper, radio, and TV.He says – his goal is to build a top notch brokerage known for its exceptional service and leadership in the Toronto Real estate market, and as part of that commitment - in 2023 his brokerage raised over $43,000 for Sick Kids Hospital.Joining me on this episode of The MindShare Podcast to talk about How to Navigate Your Business Through This Latest Interest Rate Announcement is – Broker/Owner of RE/MAX Ultimate Realty and RE/MAX Condos Plus  – Tim Syrianos.11:20 *what do you think will happen to house prices and market activity when rates do adjust?17:27 *what impact is this going to have on the price of homes over the coming weeks and even next few months?22:18 *how are Buyers going to react to the news?22:43 *what impact is this going to have on a Realtors business going forward?24:29 *what was affordability like back in 1994?25:41 *what can we learn from 1994 that we can leverage today?30:36 *as a Realtor, what do my daily non negotiables need to be, and how do you suggest we keep track of our daily efforts to know if we're actually doing what we're supposed to?36:34 *the trend of social media posting has become normal, but in reality, is our client on social media, or better put, who is it that you feel we are attracting or even posting for when we do post…is this lead gen, is this retention, your thoughts?41:59 *when it comes to marketing, what do you see is working for people to create new opportunities?49:23 *are online ads the path to success in real estate?50:47 *Ai is a hot topic, what's your take on the implementation of it here in real estate?57:23 *when it comes to prospecting, what do you suggest realtors do to find new opportunities consistently?1:01:01 *the culture of real estate here in Ontario has drastically changed, the way people do business, the way people interact with one another, what do you foresee this industry looking like over the next 5-10yrs… very much the same, or do you have any predictions on what we should all be watching out for? 1:08:23 *any final words of wisdom to share so everyone can get out there to build more mindshare so they can get more market share?Thanks for tuning in to this episode of The MindShare PodCast with our special guest - Broker/Owner of RE/MAX Ultimate Realty and RE/MAX Condos Plus  – Tim Syrianos, as we talked about  How to Navigate Your Business Through This Latest Interest Rate Announcement.Get your FREE gift on my homepage at www.mindshare101.com just for tuning in!I'd also be really grateful if you could take a quick second to go www.ratethispodcast.com/mindshare101 to rate the show for me.And we haven't connected yet, send me a message!Facebook: facebook.com/mindshare101 Instagram: instagram.com/davidgreenspan101Youtube: youtube.com/@DavidGreenspanLinkedin: linkedin.com/in/mindshare101

With Olivia Chow approaching her first year as City of Toronto Mayor, discover how she is stepping up to the plate to address housing affordability. In this episode, TRREB's Chief Market Analyst and podcast host sits down with two political experts breakdown what you need to know about her biggest wins and pitfalls.

TRREB reported sales were down 5%, but what does that mean for consumers? Benjy Katchen from WAHI joins us to discuss their recent report on overbidding areas vs underbidding.

Have a client selling a cherished-family cottage or looking to buy a weekend getaway? In this episode, TRREB's Chief Market Analyst and podcast host Jason Mercer sits down with real estate lawyer Richard Moran to dive into riparian rights, deeded accesses, title insurance, plus more on water quality and septic systems for cottages.

Gain a strong understanding of the complexities of tenanted properties as a REALTOR® – no matter which side of the transaction you are on. Licensed paralegal Bita Di Lisi joins TRREB's Chief Market Analyst and host Jason Mercer to talk about the crucial role REALTORS® play in navigating tenanted properties.

If you have a client in the market for a new or resale home, discover what lies ahead for mortgage rates, where supply is headed, and where buying and selling intentions stand. In this episode, TRREB Chief Market Analyst Jason Mercer; Ray Wong, Vice President of Data Operations, Altus Group; and Sean Simpson, Senior Vice President of Ipsos Public Affairs give you exclusive insights from TRREB's 2024 Market Outlook Year in Review report.

She is a Broker and Owner with RE/MAX Rouge River Realty Ltd., a family owned and operated brokerage established in 1987. As a second-generation Realtor she has been licensed since 2000, starting as a full-time salesperson before moving into brokerage management.And as of the start of 2024, she is now also the President of the largest Real Estate Board in Canada, the Toronto Regional Real Estate Board.Joining me on this episode of Season 6 of The MindShare Podcast is RE/MAX Broker Owner, and TRREB President – Jennifer Pearce.4:28 * sales in 2023 were nothing like they were in 2022, how did the 2 markets compare, and what was the main driver of why such a significant change? 6:22 *is this market set up for buyers or sellers right now, and why? 9:16 *from the heated 2020-2022 market to what we just experienced in 2023… there's always a silver lining somewhere, were there any positives that came out of this change we saw? 11:24 *what kind of market are we in? 14:48 *looking at the trends, even over the past decade, listings have either been flat or trending downwards, why is this problematic in the face of a growing population and how should everyone be using these insights to plan ahead? 17:23 *lots of speculation around rates, everyone believes they're on their way down, will this spark prices to climb back up, will this increase activity, what do we feel will happen with the rates, and what reverberating impact will this have on the market? 21:37 *beyond the rates, we know that housing supply has been a long standing issue, with the continued increase in immigration, do we see an end in sight for this problem? 23:57 *as I mentioned earlier, first time home buyers are finding it impossible to get into the market, and people who already own a home, who work hard day in and day out are also finding it next to impossible to upgrade their home. With the extreme prices we already have, and the potential for rates to come down, do we see this issue being amplified making it even harder, or do we feel this may go the other way in providing opportunity? 25:21*do you believe more supply will help with affordability? 29:09 *do we have any control over increasing supply… what can we as an industry do? 32:03 *TRREB releases a Market Outlook and Year in Review report each year, when will that be available for everyone, where can they get it, and why should everyone who's tuned in be sure to get themselves up to speed with the information that's included in there? 39:01 *how should our REALTORS be thinking going into the year ahead, what advice do you have for everyone? 39:44 *why is it so important that now more than over they put an emphasis on personal connections with clients? 45:04 *let's come back to this big question around planning, and what the future holds for our housing market, the people in our city, our province, and even our entire country, is this year a year where people will be making more moves than they did last year, or should we tread more cautiously and continue to have patience when it comes to buying and/or selling… is now the time to buy/sell? 46:40 *so we have the market reporGet your FREE gift on my homepage at www.mindshare101.com just for tuning in!I'd also be really grateful if you could take a quick second to go www.ratethispodcast.com/mindshare101 to rate the show for me.And we haven't connected yet, send me a message!Facebook: facebook.com/mindshare101 Instagram: instagram.com/davidgreenspan101Youtube: youtube.com/@DavidGreenspanLinkedin: linkedin.com/in/mindshare101

David Greenspan is joined by the TRREB Past President - Kevin Crigger, and President - Paul Baron as they discuss...What are some of the highlights of the Realtor Quest Conference in Toronto?Is the market back, or is it just hype?Can the market sustain another rate increase, or it will force us the other way?How do we solve the issue of housing supply?How do we solve the issue of housing affordability?Will more supply help with affordability?Do we have any control over increasing supply?Insights into the recent amalgamations...What do we need to know about the Realtor Co-Operation policy?How is TRREB working with RECO on TRESA, and what does everyone need to know?Is Real Estate an online, or a Tech business?What is TRREB working on when it comes to PropTech?How does a Realtor remain relevant in the face of all of this technology?Please subscribe, rate the show, and leave a review: ratethispodcast.com/mindshare101 Facebook: facebook.com/mindshare101 Instagram: instagram.com/davidgreenspan101Youtube: youtube.com/@DavidGreenspanLinkedin: linkedin.com/in/mindshare101The Ultimate Marketing Bundle is your FREE gift for tuning in to the show. Download this 31 page ebook complete with a 90 day content calendar at www.mindshare101.com

RECORDED LIVE AT REALTOR QUEST 2023 AT THE TORONTO CONGRESS CENTREIt seems odd to say but for Tim Hudak the transition from politician to CEO of the provincial real estate board was a natural progression. It was when he was a Member of Provincial Parliament that he moved into the role of Consumer Business Services Minister. A part of that portfolio included becoming lead minister for real estate regulation in Ontario. The Real Estate and Business Broker's Act was his baby.He very nearly became Premier, but it wasn't in the cards.This episode is an honest talk with Hudak about his political triumphs and misses, his career turns, his love for sports including professional wrestling, and his commitment to the real estate industry, including cracking down on rogue realtors.Guest: Tim Hudak, CEO Ontario Real Estate Boardhttps://www.linkedin.com/in/timhudak/Instagram: @oreainfoDesmond can be reached at:Web site https://inthe6ixrealestate.com/ Email des@desmondbrown.ca Twitter & Instagram - @desinthe6ixFacebook page

Hey Friends,   What happens when you get the call or email that tells you you're going to be packaged out?    For my guest Michelle, this became her reality after working for a company for more than 20 years. In our conversation, you will hear how she navigated that moment and what she has created in her life since.   Michelle Goodridge has over 23 years of experience in the real estate franchising industry. Working with the Chairman, President and Co-Founders of RE/MAX INTEGRA and RE/MAX Europe, the largest sub master franchisors under the RE/MAX umbrella. Michelle is an international speaker and has spoken at various real estate conventions around the world, moderated Women's Leadership Panels and was a panelist on the TRREB 100, Women in Real Estate Task Force Event.   During her tenure with RE/MAX, Michelle was the co-founder of R.E.A.L. – RE/MAX Empowering Ambitious Ladies, a global community of women supporting and challenging women to be the best versions of themselves. This group was the catalyst for launching REAL MG – Real Estate Empowers Ambitious Ladies Management Group allowing all women in the real estate industry, regardless of brand, to participate in this evolving movement. REAL MG also provides real estate consulting and a platform for women investing in real estate to create wealth.   Listen in as we talk about Why Michelle values genuine care and supporting other people Valuing and genuinely enjoying where you work and the people you work with The shock that came with being packaged out What she did the first few days after being packaged out Learning how to take time for herself and travel Will Michelle work for someone else again? Living in and fulfilling on your promises to yourself How fear and doubt showed up or creeped in for Michelle Building an inclusive community of supportive women The importance of paying it forward How fear and scarcity mindset can creep in The mindset shift she has had around retirement Advice for someone else who has gotten packaged out     Episode Sponsored by Arbonne Greens Gut Glow Bundle  use promo code ARBONNE10 at checkout to get 10% off.  Or Start a subscription and save with 20% off every order and free shipping!    Do you love the show? I would appreciate your support in keeping the show growing. You can do so by joining the Podcast Patreon here.    I'd love to connect with you: Come follow me on Instagram @jess.loves.life  Signup for my new newsletter here  Or read more about all the things I love on my new Blog  Jess Loves Life  Connect with Michelle: www.instagram.com/michelle.goodridge  www.instagram.com/r.e.a.l_mg  https://real-mg.com   

How does buying a pre-construction property, be it a condo or single-family home, differ from buying a home on the resale market? Buyers wanting to avoid painful or expensive surprises need to understand the differences.   David Young, TRREB instructor and real estate lawyer with Sorbara Law, joins TRREB Chief Market Analyst Jason Mercer to break down the purchasing process and key dates, along with final closing costs and what buyers and their REALTORS® can do to reduce them.

David Greenspan is joined by CEO of the Toronto Regional Real Estate Board (TRREB) – John DiMichelleThey discuss if we are in a good or bad market right now (7:00) combating the negative narrative from the media (11:48) A Realtors purpose and biggest challenge (16:00) Is this a technology or a relationship business? (27:00) Initiatives from TRREB for Membership (54: 00) and much more!Please subscribe, rate the show, and leave a review: ratethispodcast.com/mindshare101 Facebook: facebook.com/mindshare101 Instagram: instagram.com/davidgreenspan101Youtube: youtube.com/@DavidGreenspanLinkedin: linkedin.com/in/mindshare101The Ultimate Marketing Bundle is your FREE gift for tuning in to the show. Download this 31 page ebook complete with a 90 day content calendar at www.mindshare101.com

In episode 207 of KT Confidential | The Real Estate Podcast, Adrian Trott and Ariel Kormendy discuss a recent CBC market place which goes undercover to reveal a more than concerning amount of fraudulent mortgages within the Ontario real estate market. This is such a big deal even TRREB has come out to make a public statement asking for CBC to release the names of those involved. Will CBC reveal the names of those involved? What should the repercussions be? How has this affected the current market? All of that and more on todays episode. ************************** Watch the CBC marketplace episode here: https://youtu.be/Y_wlnv5ns4I ************************** 00:32 - Intro 01:22 - Mortgage fraud 03:09 - Foreigners are targeted 05:14 - Fraudsters are everywhere. Beware 11:24 - The effect in the market 14:23 - Fines and punishment for fraudsters 15:09 - Forged documents 20:20 - Housing market stats 23:46 - Outro ************************** Want more real estate podcast discussions? Watch it here: https://youtu.be/uLhNb8fdHt4 Listen to it here: http://www.soundcloud.com/ktrealty Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott ************************** Our Social: Instagram: http://www.instagram.com/kormendytrott YouTube: https://www.youtube.com/user/kormendy... Facebook: http://www.facebook.com/kormendytrott Twitter: http://www.twitter.com/KormendyTrott Soundcloud: http://www.soundcloud.com/ktrealty LinkedIn: https://www.linkedin.com/company/ktre... Pinterest: https://www.pinterest.ca/KormendyTrott TikTok: https://www.tiktok.com/@kormendytrott... ************************** After successful careers in the automotive industry, entrepreneurs Ariel Kormendy and Adrian Trott decided to inject their passion for growing a brand and providing unrivalled service into the real estate industry. Kicking off their careers in 2011, they quickly became a top-performing team in Canada. Originally a team of two real estate agents in Milton, The KT Team quickly grew to a large team of exceptional REALTORS®, an administrative department and an in-house media department, taking their proven processes and unique services across most of the Golden Horseshoe. Follow them on social for behind-the-scenes footage, real estate tips, industry secrets and more.

Ahead of the municipal election on October 24, TRREB hosted a fireside chat with Mayor John Tory to discuss issues facing voters, including housing supply, infrastructure, development, inter-governmental cooperation, and how the city can support sustainable growth. Tory is hopeful that if reelected, he can continue the projects that are in the works and initiate new ones—to promote the development of diverse housing options and take care of aging infrastructure, among others. Join Ready to Real Estate host Jason Mercer around the fire before getting out to vote!

For many, buying a home is the most important and biggest financial decision they will ever make. So, it makes sense to go into the home buying and selling process with the support and expertise of a TRREB Member and the protections they offer, guaranteed by law. Join Ready to Real Estate host and TRREB Chief Market Analyst Jason Mercer in conversation with TRREB President Kevin Crigger as they discuss how partnering with a TRREB Member can set you up for success.

MindShare101's David Greenspan is joined by Special Guest, Chief Operating Officer, Toronto Regional Real Estate Board – Von PalmerAs Chief Operating Officer, Von assists the CEO with the implementation of strategic objectives and overseeing daily operations to help steer TRREB in a positive direction and achieve optimal service levels and member satisfaction.In a career spanning almost 30 years in the real estate industry, Von has held several leadership roles at TRREB in government relations, communications, industry relations, commercial affairs, media relations and privacy. He is still directly responsible for communications, privacy, media and government relations, in addition to overseeing the Information Technology Department in his current role as Chief Operating Officer.Von's role as TRREB's chief lobbyist with all three levels of government extends to other external groups at the federal, provincial and GTA municipal levels. He has also done advocacy work on behalf of the Canadian banking industry and worked with MPPs in the Ontario Legislature.This Episode is sponsored by The Buzz Conference and KiTS Keep-in-Touch Systems.Please subscribe, rate the show, and leave a review. You can also get more #MindShare on Facebook @MindShare101 and Instagram @davidgreenspan101. Check out YouTube #MindShare101, and https://mindshare101.com/

Eryn Richardson's successful career journey has brought him to Century 21 Heritage Group Ltd. and the world of real estate. His career began working as a retail salesperson and he was quickly promoted to manager, then director of several retail stores including the family-owned National Sports Centre and Toys R Us. However, retail was not his future.     In 2005, Eryn acquired his real estate license. He soon partnered with Richard Gibb to form “The Home Team”. They quickly became the top team at Century 21 Heritage Group. In 2014, the team was inducted into the Centurion Honour Society for consistent top team production in Canada.    Pam Prescott  Founder/President of Century 21 Heritage Group Ltd. recognized Eryn's exceptional management and technical skills. In 2015, Eryn took on the position of General Manager. In 2020, Eryn became partners with Pam and is the Vice President and  Managing Partner of Century 21 Heritage Group Ltd. The firm has now grown to over 700 agents and in 2021 placed 15 in the world for company production.   Eryn has learned that leading by example sets high standards for clients, staff, and REALTORS®. He participated on the Customer Advisory Board for LoneWOLF Technologies from 2018 - 2020. He is currently an MLS® Technology and Related Services Committee Member for TRREB, a Century 21 Technology Advisory Board Member and a NIIT Training Consultant. Eryn has implemented the Century 21 Heritage Group YouTube Training Channel. He also co-hosts a podcast called Living the Dream. All of his experience and knowledge empowers others and Century 21 Heritage Group Ltd to be success it is today.    As Eryn looks at the future of his career in real estate and of Century 21 Heritage Group Ltd, he believes training, support, service and technology are key components to inspire success.   Contact Eryn: Website Facebook Instagram YouTube Twitter

In an ideal world, real estate transactions would be cut and dried. But as REALTORS® know, this is seldom the case – and that's where real estate lawyers come in. On this recent episode of the Ready to Real Estate podcast, Mark Weisleder, a Senior Partner and Notary Public at Real Estate Lawyers.ca LLP, joins TRREB Chief Market Analyst Jason Mercer to walk through several real estate scenarios, and what legal obligations the buyer, seller, and REALTOR® must watch out for in each. Disclaimer: The information discussed in this podcast is not intended as legal advice nor reflective of TRREB's views. Always seek the counsel of a legal professional when conducting a real estate transaction.

Kevin Crigger, the president of the Toronto Regional Real Estate Board joins the guys to discuss all things real estate. Learn more about your ad choices. Visit megaphone.fm/adchoices

Two years into a global pandemic that permanently disrupted the office work landscape, what does the “new normal” mean for employers and their employees who might not be returning to in-person work full-time, if at all? Joining Ready to Real Estate host Jason Mercer to discuss the findings in TRREB's joint report, Navigating the New Normal, are John Wright, Executive Vice-President of Maru Public Opinion, and Craig Ruttan, the Policy Director of Energy, Environment, and Land Use at the Toronto Regional Board of Trade.

Where does the market go from here? Kevin Crigger joins us from TRREB to discuss the current state of the housing market in Toronto. He is the current President of Canada's largest real estate board and award-winning Realtor and multiple recipient of Johnston & Daniel's most prestigious awards for sales achievement.

Discover the inspiring story of one woman - empowering others to build wealth through real estate. Tahani Aburaneh, Canada's Leading Female Real Estate Investing Expert, best-selling author, and wealth coach, shares strategies on getting started. Note: the views and opinions of the guest on this episode do not necessarily reflect those of TRREB. 

On this week's episode, Mike and Sean are joined by Kevin Crigger, President of the Toronto Regional Real Estate Board (TRREB), and Broker and Team Leader with Johnston & Daniel Royal LePage. They discuss the impact of the pandemic on renting and buying, which groups have been the most mobile, and what new or improved policies could help remove barriers to housing affordability. Head over to www.ipsos.com for more information about Ipsos. If you have a topic that you'd like us to cover on a future podcast, please reach out to us at publicaffairs@ipsos.com. We are on most podcast platforms as well as on Spotify. Please like and subscribe to Educated Conjecture to get episodes sent to you as soon as they are published.

EPISODE 16: Kevin Crigger, President of TRREB on How startups should navigate the Real Estate Sector “Any innovation that is going to see substantial adoption ultimately needs to be solving a problem or responding to a need”. In this episode, Kevin Crigger, President of the Toronto Regional Real Estate Board (TRREB) discusses what PropTech startups need to do to see better adoption and scalability. Kevin also reveals common misconceptions about the real estate industry and tips to improve client management skills.

#torontorealestate #realestate #toronto Secret new Trreb Technology --- Does Blind Bidding affect the sale price? --- The Toronto Real Estate Show Darryl and TK discuss the Toronto Real Estate Market in depth from their own unique perspectives. Please join us on an adventure through the Toronto Real Estate Market from 2 guys who know absolutely nothing and have absolutely no experience. A weekly deep dive into the current Toronto Real estate News. Check out our Website www.torontorealestateshow.com Follow us on Instagram @torontorealestatesho Listen to the podcast https://thetorontorealestateshow.sounder.fm/ 00:00 Intro 02:00 Please Subscribe 55:00 Almost Done

I speak with the CEO of Toronto Regional Real Estate Board, the largest REALTOR Association as well as the largest single-Association MLS in North America, about their efforts to include blockchain technology in the MLS. As John has long been one of the biggest proponents of this technology in the space, and one of the leaders pursuing innovation using blockchain in real estate, I wanted to learn more about what TRREB is doing and what his vision for the technology is.Again, as before, this conversation gets technical at times, not to the level of true technologists but possibly beyond the interest of everyday agents. Nonetheless, I thought it worth capturing so we all can understand whether and how blockchain could apply to use cases in real estate.

Today I am going to talk about creating budgets and financial plans when being self employed or an independent contractor. A lot of the lessons will still apply if you are working the typical 9 to 5 as well. I also went into the Real Estate Market Stats from TRREB for Toronto, Mississauga, Oakville. 

Gifting to the next generation has become a primary driver in the real estate market. RBC's Vice President, Investment and Wealth Advisor, Dian Chaaban and Mortgage Professionals Canada Director of Government Relations, J.P. Boutros, talk about the impact of generational wealth transfer on the market. Learn how early inheritance is changing how first-time buyers are cascading into the homeownership world. Note: the views of the guests on this episode do not reflect their employers or TRREB. 

With March to May as the Spring months, this was one helluva wrap up for the Spring market. Close to 12,000 sold stories happened and some monster sold numbers happened in various part of Toronto and GTA. As always, the stories that happen near you are the ones that count the most. Find out your latest info at http://Sold.15SecondHomeValues.com --- Send in a voice message: https://anchor.fm/torontorealestate/message

The mental health of children is being severely impacted, The Brazilian variant, Clearing up the vaccine shortage, A Liberal MP was caught nude in virtual parliament, TRREB make a big real estate change and the break-up of A-Rod and J-Lo. See omnystudio.com/listener for privacy information.

Kelly talks to the President of TRREB, Lisa Patel.  See omnystudio.com/listener for privacy information.

Asif recaps March 2021 for Toronto Real Estate Sales and Jason Mercer of TRREB joins Asif & Tina to talk real estate!

Toronto Market is ON FIRE!!! --- December Stats Show --- The Toronto Real Estate ShowThe Toronto Real estate Show Episode 33Darryl and TK discuss the Toronto Real Estate Market in depth from their own unique perspectives. Please join us on an adventure through this weeks Real Estate news.This episode we discuss the December 2020 TRREB statistics.Follow us on Instagram @torontorealestateshoFollow us on Parler @torontorealestateshoFollow us on Tik Tok @torontorealestateshoListen to the podcast https://thetorontorealestateshow.sounder.fm/And a bunch of other non-sense!

What Will Toronto Real Estate Look Like in 2021 (according to TRREB)? How Does the Government Plan to Fight Unaffordability in 2021? What Will Real Estate Look Like Post-COVID (according to Australia)? What Will Toronto Real Estate Look Like in 2021 (according to TRREB)? https://www.theglobeandmail.com/busin... https://www.blogto.com/real-estate-to... How Does the Government Plan to Fight Unaffordability in 2021? https://ca.finance.yahoo.com/news/fed... https://financialpost.com/real-estate... https://www.blogto.com/real-estate-to... https://www.blogto.com/real-estate-to... https://www.blogto.com/real-estate-to... Hot Topics: https://financialpost.com/news/fp-str... https://www.thestar.com/news/gta/2020... https://www.theglobeandmail.com/canad... https://www.usnews.com/news/world/art... https://dailyhive.com/toronto/ford-re... https://www.blogto.com/real-estate-to... What Will Real Estate Look Like Post-COVID (according to Australia)? https://propertyupdate.com.au/propert...

The Toronto Real estate Show Episode 18 Darryl and TK discuss the Toronto Real Estate Market in depth from their own unique perspectives. A weekly deep dive into the current Toronto Real estate News. Darryl is the principle of Vision Real Estate Marketing. www.visionrealestatevr.com T.K. is a Real Estate broker with Remax West Realty Inc. He focuses on residential sales in Toronto. https://bit.ly/30NAEMt

The Toronto Real estate Show Episode 12 Darryl and TK discuss the Toronto Real Estate Market in depth from their own unique perspectives. A weekly deep dive into the current Toronto Real estate News. Darryl is the principle of Vision Real Estate Marketing. www.visionrealestatevr.com T.K. is a Real Estate broker with Remax West Realty Inc. He focuses on residential sales in Toronto. https://bit.ly/30NAEMt

What Happened August 2020 in Toronto Real Estate? Where Should I Consider Investing in Rental Properties? Are New Homes Sales Increasing like Resale Properties?

The Toronto Real estate Show Episode 9 Part 1 Darryl and TK discuss the Toronto Real Estate Market in depth from their own unique perspectives. A weekly deep dive into the current Toronto Real estate News. Darryl is the principle of Vision Real Estate Marketing. www.visionrealestatevr.com T.K. is a Real Estate broker with Remax West Realty Inc. He focuses on residential sales in Toronto. https://bit.ly/30NAEMt

The Toronto Real estate Show Episode 16 Darryl and TK discuss the Toronto Real Estate Market in depth from their own unique perspectives. A weekly deep dive into the current Toronto Real estate News. Darryl is the principle of Vision Real Estate Marketing. www.visionrealestatevr.com T.K. is a Real Estate broker with Remax West Realty Inc. He focuses on residential sales in Toronto. https://bit.ly/30NAEMt