The truth about Toronto’s pre-construction market in 2024—are we on the verge of collapse or a SIGNIFICANT opportunity?
The Toronto pre-construction market has seen a massive shift. Sales have dropped from 32,000 to just 4,000 in a few years. Developers are struggling, investors are on the sidelines, and assignments are in crisis mode. So, what’s next?
We’re breaking it all down with brothers Roy & Amit Bhandari of TalkCondo, industry experts who’ve been in the pre-con game for over a decade.
In this episode, we discuss:
✅ The real reason pre-con sales have collapsed
✅ Why investors have vanished – and whether they’ll ever return
✅ Shadow market warning – how some sellers are losing hundreds of thousands
✅ Developers in trouble? Why some projects may never get built
✅ Massive supply shortage incoming? What happens in 2029 & beyond
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Speakers:
Ralph Fox (Co-Founder and Broker of Record at Fox Marin)
Kori Marin (Co-Founder and Broker at Fox Marin)
Roy Bhandari (Co-Founder and Broker of Record at TalkCondo)
Amit Bhandari (Co-Founder and Broker at TalkCondo