Toronto Home Prices Increase for First Time in Seven Months 📈

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  • Опубліковано 24 чер 2024
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    Video Chapters
    00:00 Toronto Housing Market Update
    01:24 Market Dynamics for Different Property Types
    03:28 February Market Statistics Overview
    05:44 Detailed Analysis of Property Type Performance
    08:45 Market Impact and Strategy Recommendations
    The opinions expressed herein are solely that of Tom Storey, not Royal LePage or the TRREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement. This is not financial advice.
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КОМЕНТАРІ • 15

  • @quixomega
    @quixomega 3 місяці тому +1

    I think this is looking like a classic topping pattern. The values are not supported by much and supply is super low. Doesn't mean it can't move a bit higher, but I don't see much real support long-term.

  • @anthonyfiorilli2309
    @anthonyfiorilli2309 3 місяці тому +4

    Not for long though 😂. It’s going to be a bull-trap every spring till the speculators are financially wiped out 😂. One step forward (spring market) and two steps back (fall, winter).

  • @DummMoney-rr1fi
    @DummMoney-rr1fi 3 місяці тому

    can hardly hold my excitement for the Ravi episode on the TTSS this weekend. Just double subbed.

    • @TomStorey
      @TomStorey  3 місяці тому

      Who said the housing minister was coming on?!

  • @marcoz326
    @marcoz326 3 місяці тому

    Back to the moon!!! Lets goooo🚀

  • @Jo-mf2vu
    @Jo-mf2vu 3 місяці тому

    A lot of new for sale signs have shot up in the past week. Most at asking prices below last fall.

    • @TomStorey
      @TomStorey  3 місяці тому

      Sold prices are what matters most.

  • @bloodessdk6530
    @bloodessdk6530 3 місяці тому +1

    Normal uptick for spring nothing new here

  • @CalCalCal6996
    @CalCalCal6996 3 місяці тому

    'Buy now!!!! If you don't you'll regret it forever. The bubble will never pop, the great depression never happened!' - TO realtors

  • @STEVEN-GULLA
    @STEVEN-GULLA 3 місяці тому +1

    Its hard to believe anymore

  • @Divyv520
    @Divyv520 3 місяці тому

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  • @baseline6786
    @baseline6786 3 місяці тому +3

    I think next yr is the rip roaring market closer to where peak prices were

    • @Jo-mf2vu
      @Jo-mf2vu 3 місяці тому +2

      You really are wishing for the BOC to start rate hiking again next year. They said it very clear at the presser that they are concerned about house prices in CPI. The last thing they want is another RE bubble

    • @baseline6786
      @baseline6786 3 місяці тому

      @@Jo-mf2vu Trudeau brought too many ppl here. And too many are on the sidelines waiting to be able to buy.. eventually boc will drop rates slowly and RE will go higher.