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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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You can contact TK Butler at

https://www.realtor.ca/agent/1779810/t-k-butler-2234-bloor-street-west-104524-toronto-ontario-m6s1n6

You can follow TK on Instagram https://www.instagram.com/armbar_broker/?hl=en

-Toronto condo sales plummet

-ontario condo sold staggering loss is this just the latest case in a worrying trend?

-Condo Crazy Town: Would You Pay $270K To NOT Buy A Completed Condo Unit?

Yeah, it's true, pay the Developer $270K so you wouldn't have to close a Pre-construction Condo purchase you made 5 years ago

$270K so you wouldn't be litigated for failure to fund on closing day

-Given the fact that precon sales have fallen off a cliff by ~75% it means way less new housing in the pipeline to be built within the next 2 to 4 years. Once existing inventory is absorbed, it means that our housing crises will reach unprecedented new heights by 2026-28.

-Receiverships on the Rise in Toronto: High-profile projects like The One face financial difficulties due to delays and budget overruns​ (CityNews Toronto)​.

Oshawa home sold for $2.55M in 2022; sold in 2024 for 1.755M

https://www.durhamregion.com/news/an-oshawa-homes-value-dropped-800-000-in-two-years-owners-bought-for-2-55/article_e5313a3f-ec2b-5b7c-a8ce-0f6b0735b28a.html

-Rental market up at least 10% in 6 months in Durham. It is insane what you get for $4k + util and that is a lot of money on shelter for most families. Tough to say this in the current market but we are coming close to buying making sense for the some people.

-Toronto Housing Inventory Grows: Increased listings give buyers more options and negotiating power​ (WOWA)​.

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

Phimbis

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

2022 real estate predictions

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

Evergrande

China

oil

Prices are dropping

Darryl Frankfort

DealCore Properties

TK Butler

Frank Leo and Asscociates