Join host Kai Tan for the latest developments in Canadian real estate! This week's episode explores the striking contrasts in today's market: record-breaking national housing starts alongside construction slowdowns in key regions, declining home sales as buyers gain negotiating power, and the shifting mortgage landscape. Kai analyzes the GTA construction challenges, condo market corrections, and the critical 3% mortgage rate threshold needed to reinvigorate the market. Plus, learn how post-election dynamics and changing investment patterns are reshaping Canada's housing landscape. Essential listening for anyone tracking real estate trends in today's uncertain economic environment.

In this April 2025 episode of "The Last Week in Real Estate," host Kai Tan explores Ontario's dramatic shift to a buyer's market with active listings up 39% and sales at a decade-low. Discover how U.S. tariff threats have significantly impacted buyer confidence, with 66% of potential Toronto homebuyers postponing plans. Kai breaks down the Bank of Canada's rate hold at 2.75%, regional market variations showing surprising resilience in areas like Northern Ontario, and the stark contrast between buyer's markets in condos versus seller's markets in freeholds. Plus, learn how the upcoming provincial election, TRESA regulations, and climate considerations are reshaping Ontario's real estate landscape. Whether you're buying, selling, or just market-watching, this data-packed episode delivers essential insights for navigating Ontario's challenging real estate crossroads.

In this week's episode, Kai breaks down the Bank of Canada's seventh consecutive interest rate cut to 2.75% and what it means for your mortgage payments. Dive into the surprising Toronto market statistics showing inventory up 76% year-over-year and prices down 2.2%, creating unprecedented buyer leverage.

Kai examines how US-Canada trade tensions are creating what experts call "profound uncertainty" in the housing market, with potential implications for construction costs and buyer confidence. Learn why mortgage delinquency rates are paradoxically rising despite falling interest rates, and which demographics are most affected.

For more in-depth analysis on how the trade war specifically impacts Canadian real estate and construction costs, check out Kai's latest blog post at kaibydesign.work, where he explores the long-term implications of aluminum and steel tariffs on housing affordability.

Toronto's real estate market is witnessing its biggest shakeup in years. From historic mortgage renewal numbers to potential trade wars, interest rate cuts, and a proposed 6.9% property tax hike - this episode breaks down everything you need to know about the current state of the market. Join us as we analyze Royal LePage's latest report showing a 2.3% price increase, dive into why 1.2 million Canadians are facing mortgage renewals this year, and explore what all this means for buyers, sellers, and investors. Plus, an important announcement about our new bi-weekly podcast schedule. Whether you're actively in the market or just keeping tabs on real estate trends, this comprehensive market analysis is your essential guide to understanding Toronto's real estate landscape in early 2025.

The Greater Toronto Area housing market ended 2024 with fascinating contradictions. Annual sales reached 67,610 units, up 2.6% from 2023, while new listings surged 16.4% year-over-year. The average selling price settled at $1,117,600, showing a marginal decline from 2023. December specifically saw 3,359 sales, a slight decrease from the previous year, with the average price at $1,067,186. Notable divergence appeared between property types, with detached homes showing resilience while condo apartments experienced more significant price pressures.

In this week's episode, we dive deep into the transformative forces shaping Canada's real estate market as we enter 2025. From the Bank of Canada's aggressive rate-cutting cycle to game-changing mortgage rule updates, we explore how these shifts are creating both opportunities and challenges across different market segments. We'll examine why Toronto's poised to potentially overtake Vancouver in pricing, why the condo market's facing headwinds, and what all this means for buyers and sellers in the months ahead.

Record-breaking rate cuts, evolving mortgage policies, and geopolitical uncertainties are reshaping Canada's real estate landscape as we enter 2025. This week's episode dives deep into the implications of recent developments and what they mean for buyers, sellers, and those facing renewal.

In this week's episode of The Last Week in Real Estate, we dive deep into the transformative changes reshaping Canada's housing market. From the Bank of Canada's fifth consecutive rate cut bringing rates to 3.25%, to groundbreaking changes in mortgage rules raising the insured cap to $1.5 million, December 2024 is proving to be a pivotal moment for real estate. We explore the 26% surge in November home sales, analyze the contrasting trends in new construction, and examine the rental market's biggest supply increase in three decades. Visit www.tanteam.com for more detailed analysis and market insights that can help you navigate these changing conditions.