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The Canadian Real Estate Show

Darryl Frankfort from DealCore Properties and TK Butler from The Frank Leo and Associates discuss the Canadian Real Estate Market in depth from their own unique perspectives with a particular focus on The Toronto Real estate Market.

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Listen to the podcast

Spotify: https://open.spotify.com/show/3IdhJbcDW4DOQR4PlTKarD?si=68e39e2c17474279

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You can find Darryl Frankfort on

https://dealcoreproperties.com/

Talk with T.K.

https://calendly.com/tk-book/1-on-1?month=2024-04

Join The Frank Leo Team

https://getleo.com/joining-the-team/

music credit to Sam River - In Other News

-Price drops and rising sales define Toronto’s housing market in September

https://ca.finance.yahoo.com/news/price-drops-rising-sales-define-090053558.html

-Toronto home sales rose in September as buyers took advantage of lower rates, prices

https://www.cp24.com/local/toronto/2024/10/03/toronto-home-sales-rose-in-september-as-buyers-took-advantage-of-lower-rates-prices/

-Investors own 65 per cent of Toronto’s smaller condo units, StatsCan finds

https://www.thestar.com/real-estate/investors-own-65-per-cent-of-torontos-smaller-condo-units-statscan-finds/article_e8bc7bde-8197-11ef-8a58-b3da31597241.html

-Water leaks in condo garage leads to $70, 000 special assessment for every condo unit owner

https://www.reddit.com/r/TorontoRealEstate/comments/1fvo6hj/water_leaks_in_condo_garage_leads_to_70_000/

-Doug Ford wants to turn Niagara Falls into the next Las Vegas.

https://www.blogto.com/sports_play/2024/10/doug-ford-turn-ontario-niagara-falls-las-vegas/

-speed limits across 400-series highways will be boosted to 110 km/h wherever it is safe to do so.

-humanitarian crisis with next level flooding in the usa, people are getting mad about how much help ukraine is getting while us citizens are being left without help. Lithium mines, blackrock, Land grab? Weather manipulation?

-port worker union strike in the usa, inflation will be back soon. Mob boss i mean union head threatens to crush everyone. Human trafficking, workers hearing people yelling inside containers.

-wars are escalating

Reports the Yemeni Houthis launched serious strikes on British Oil Tanker

Iran sending 100s of misiles at israel

Stats

Toronto Regional Real Estate Board Stats up:

- Sales up 8.5% from last year

- New listings up 10.5%, slightly outpacing sales

- Active listings up 35.5%! Supply accumulation is real

- Prices still grinding down (-1%) YoY

- Properties are taking 35-45% longer to sell

-Toronto's condo market has 7 months of inventory

-GTA house prices are down:

The TRREB MLS Home Price Index Composite benchmark was down by 4.6% year-over-year.

Average price was down 1.0%

Bear market

Bull Market

Bull trap

Pause

Rate Pause

Rooming houses

Bill 23

Mortgage Fraud

Homelife Miracle

fraud

Scam

Protest

Investing

Investment

House Hacking

BRRRRRR

AirbNb

Rental market

Renting

Trigger rates

Oil

Bank Of Canada

Interest Rate

Immigration

Recession

Deglobalization

Demographics

Aging Population

Toronto Real Estate

Hamilton

Vancouver Real Estate

Calgary Real Estate

Montreal Real Estate

Saskatchewan Real Estate

Calgary

Regina

Saskatoon

Real Estate Market

Multi family investing

Nimbys

Yimbys

Politics

World war 3

Recession

Inflation

ww3

Housing Policy

Pre-construction Sales

Condos

Condominiums

Bank of Canada

Interest rate hike

Interest rate raise

War

Canadian Real Estate

Toronto Real estate

Calgary real estate

Toronto development projects

Toronto past

the canadian economy

real estate investing

real estate technology

poptech

buying real estate

low inventory levels

City Planning

Real estate technology

Investing in real estate

Work from home

Toronto Real Estate

Vancouver Real estate

canadian real estate

house pricing

condo market

interest rates

Politics

India

Indians

China

oil

Prices are dropping

Darryl Frankfort

DealCore Properties

TK Butler

Frank Leo and Asscociates

00:00 Intro

02:00 Please Subscribe

55:00 Almost Done