Interest Rates Just Dropped! Is This The Bottom Of The Real Estate Market?

In this video, we dive deep into the current state of the Toronto real estate market following the recent 0.25% interest rate cut by the Bank of Canada. Is it really the perfect time to buy, or are we looking at further declines? Here's what we cover:
Key Points Discussed:
Speculation vs. Reality: Why both optimistic and pessimistic predictions might be misleading.
Market Data Analysis: A thorough review of the current market situation, segmented into Freehold and Condo markets across the GTA, Toronto, and the 905 areas.
Empowering You with Knowledge: How to interpret market data to make informed decisions rather than relying on speculative advice.
Detailed Market Insights:
Active Listings: Examining supply trends and historical comparisons.
New Listings and Sales: Analyzing demand fluctuations and seasonal patterns.
Average and Median Prices: Understanding price movements and what they mean for buyers and sellers.
Market Performance: Identifying the best and worst-performing segments.
My Personal Opinion: After reviewing the data, I share my thoughts on whether we've hit the market bottom and where the biggest opportunities lie.
Why Watch This Video?
Learn to Think Critically: Avoid being swayed by biased “expert” opinions and develop your own informed perspective.
Stay Informed: Get a comprehensive overview of the current market and be prepared for future changes.
Make Better Decisions: Whether you're an investor or buying a home to live in, use data-driven insights to navigate the market confidently.
This is not legal, tax, or financial advice. Just my own opinions and for informational purposes only. Consult your professionals for your personal situation.

[@dorjidamdul3887]

been waiting for your podcast for long...please do more videos. thanks.

[@realestategame]

Sorry to keep you waiting. Will try to post more regularly. Really appreciate you watching the videos and the support!

[@johndionnetacder3689]

Great job Tim. The extent of details laid on this video is enormous yet you manage to explain them so easily with all your data and graphs. Keep it up buddy!

[@realestategame]

Thanks for the encouraging words!

[@JaydinePepito]

Well done on addressing this timely and crucial topic! God bless you, Tim!

[@realestategame]

Thank you kindly! God bless you too!

[@greshimartacder4713]

this video will help us knowledge about real State .
thanks Tim, GOD BLESS YOU ALWAYS 🙏😇

[@realestategame]

Thank you! God bless you as well!

[@DeeKym]

Great video. Analyzing the numbers always help in taking the emotion out of decisions. Thanks for all the work you put into this helpful video. It is very relevant to us as we are now contemplating when and how to expand our investment portfolio.

[@realestategame]

You're welcome and thank you for the feedback. It seems like many people only focus on the negative when the market is slow but this is actually the time to start paying attention as there will be buying opportunities. As a buyer this is exactly what you're waiting for!

[@gilboman]

great video, refreshing to have a realtor just stick to the metrics and be open (And understand the data).
it's too bad the 905 data is not available split out amongst municipalities as the 905 is huge with imo large variation in prices/sales especially south YR in places like Markham/Rhill compared to say peel or Halton

[@realestategame]

Thanks for your comment. The 905 is actually split up but I just didn't want to spend the time to go through each Municipality individually because that would have made the video way way too long. We do have filters to separate out Richmond Hill, Markham, Oakville, Mississauga etc.

[@RhygenaldPepito]

Great!

[@realestategame]

Thank you!

[@KyungHeeChung-o9k]

Great Video!!

[@realestategame]

Thank you!

[@shinyl7947]

Liked!!!

[@realestategame]

Much appreciated!