Toronto’s Real Estate Crash: What Comes Next!
Karl Nielsen | Toronto Property Finders
19,803 views
📅 Book a Chat With Karl: https://www.torontopropertyfinders.ca...
What really happened to Toronto real estate, and where does the Toronto housing market go from here? From the bidding wars and frenzy of 2021-2022 to today's slower sales, rising inventory, and longer days on market across the GTA, this video breaks down how the Toronto real estate crash unfolded and why buying and selling in Toronto feels so different now.
Whether you're thinking about buying a home in Toronto, selling a home in Toronto, or just trying to make sense of prices, mortgage rates, and affordability in the Greater Toronto Area, this is for you. I walk through what changed for Toronto home buyers and sellers, how to think about timing and strategy in this market, and the key questions to ask before you make your next move in GTA real estate.
Subscribe for weekly Toronto market breakdowns.
📅 Book a Chat With Karl: https://www.torontopropertyfinders.ca...
Our clients enjoy the following complimentary services:
✅ Every buyer client gets a free 3-month home systems & appliance warranty (worth up to $15K)
✅ Sellers get a free home valuation + our flexible commission menu
✅ Buy & sell with us and receive our special loyalty discount
✅ Risk-Free Guarantee: you’re never locked into a contract — cancel anytime if we don’t deliver
0:00 The Frenzy of the 2022 Market Peak
2:41 The Shift from FOMO to Market Caution
5:22 Regional Breakdown: GTA Market Urgency
7:58 Analyzing Current Trends and Inventory
12:53 The Reality of Ghost Inventory
17 Comments
There's a huge volume of pent up sellers that are totally delusional ans are acting like the market will be back up in a few years. So dumb.
Look at the underlying numbers, the market is still way closer to the top than it is to the bottom, this prices are going to keep dropping faster and faster into 2027 and 2028.
Knowing how to by know value is the key.
Eg you do not buy a 1800 sqft home in brampton for 1.5m. The value is not there
You need to know the hkme and the area you are buying purchasing a him and knowing the value even if you paid lets say 100k over but you know that you will be there for a long time is key.
Knowing where to buy and where to over pay is the key Brampton is. Ot one of those places simple.
It seems to be the responsible thing to do for the buyer no?
The sellers must be expecting and ready for that as well
How does mass population work when there isn’t enough jobs for the population we have?
Mass population will create lower wages. That’ll hurt RE even more in the medium and long term
Buyers are starting to learn JOMO. There’s much better investments than overpriced RE in Toronto. Once prices drop to 2013/14 levels then it’s more inline with existing incomes
But if jobs and wages drop the average RE/market price can easily drop with unemployment rising or lower wages
The bottom certainly isn’t in and when we see two teachers at 25-28 be able to buy a detached house and start a family with 20% down and no help from Bank of mom/dad and no government help then it’s the time for JOMO buyers to buy again
Toronto’s Real Estate Crash: What Comes Next!
Karl Nielsen | Toronto Property Finders
19,803 views
📅 Book a Chat With Karl: https://www.torontopropertyfinders.ca...
What really happened to Toronto real estate, and where does the Toronto housing market go from here? From the bidding wars and frenzy of 2021-2022 to today's slower sales, rising inventory, and longer days on market across the GTA, this video breaks down how the Toronto real estate crash unfolded and why buying and selling in Toronto feels so different now.
Whether you're thinking about buying a home in Toronto, selling a home in Toronto, or just trying to make sense of prices, mortgage rates, and affordability in the Greater Toronto Area, this is for you. I walk through what changed for Toronto home buyers and sellers, how to think about timing and strategy in this market, and the key questions to ask before you make your next move in GTA real estate.
Subscribe for weekly Toronto market breakdowns.
📅 Book a Chat With Karl: https://www.torontopropertyfinders.ca...
Our clients enjoy the following complimentary services:
✅ Every buyer client gets a free 3-month home systems & appliance warranty (worth up to $15K)
✅ Sellers get a free home valuation + our flexible commission menu
✅ Buy & sell with us and receive our special loyalty discount
✅ Risk-Free Guarantee: you’re never locked into a contract — cancel anytime if we don’t deliver
0:00 The Frenzy of the 2022 Market Peak
2:41 The Shift from FOMO to Market Caution
5:22 Regional Breakdown: GTA Market Urgency
7:58 Analyzing Current Trends and Inventory
12:53 The Reality of Ghost Inventory
Look at the underlying numbers, particularly debt, there's no way we're even slightly close to the bottom yet, the math makes that completely obvious.