Toronto & Southern Ontario Housing Smash

You telling me home prices only go to the moon 😂😂

[EVAN F, PREMIER LEAGUE CHAMPION! @TheMacronical]

Presented without comment, potentially a low-ball somewhere in the GTA today 😂

[Toronto & Southern Ontario Housing Smash @TOHousingSmash]

Buyers trying to negotiate with sellers, in the current real estate market

#tore #vanre #cdnre

[Toronto & Southern Ontario Housing Smash @TOHousingSmash]

@ronmortgageguy Which is exactly why hybrids are the future & NOT electric

Still maintain existing infrastructure, but far less pollution in-cities, cause the engine shuts off when running inrfficiently

[Tablesalt 🇨🇦🇺🇸 @Tablesalt13]

🔥🔥BREAKING

While the government claims immigration is needed for housing construction

Bank of Canada research indicates that the job that immigrants are LEAST LIKLEY to work is ......

construction.

[IceCap @IceCapGlobal]

Canada GDP Data.... what do you see? $CAD

[Toronto & Southern Ontario Housing Smash @TOHousingSmash]

Get the 🎻 out for this one

1607-88 Blue Jays Way, Toronto

-Sokd January 2020 for $707,000
-Just Re-Sold for $695,000

#tocondos

[Hilliard MacBeth @hmacbe]

Since we've allowed (encouraged) this level of household debt to accumulate, we can never allow a recession again?
Any recession now will be severe, but those are the consequences of allowing a housing and debt bubble to form.

[Toronto & Southern Ontario Housing Smash @TOHousingSmash]

Just have a look at the view from this beauty! 😍

3502-75 Queens Wharf, Toronto

-"Sold?" April 2022 for $920,000
-Just Re-Sold for $720,000

But I'd still say the view is worth it! #tocondos

[Ron Butler @ronmortgageguy]

BOOM!! Federal Government Moves Against Airbnb!!

I rarely post on Sunday but this is news

The Federal Government will attack Short Term Rental through CRA

@TorontoStar broke the story this morning

I knew the Feds were planning something since @cafreeland focused on it

2/

[Ron Butler @ronmortgageguy]

More Inside Analysis Of Canada's Home Sales Market From @WOWA_Canada

Why should we care about "months of inventory" in Real Estate? Because it's a very solid indicator of how quickly & easily houses are selling

And BLUE means Colder

There alot of BLUE

[Vas | Toronto Real Estate @VasRealEstate]

Resale condos in downtown on a bit of a landslide.

[Toronto & Southern Ontario Housing Smash @TOHousingSmash]

@GabagoolCapital I know lol

[Toronto & Southern Ontario Housing Smash @TOHousingSmash]

Wonderful view in a condo, within a premium location in downtown Toronto

2101-10 Tubman, Toronto

-Sold March 2021 for $673,000
-After a failed bidding war attempt & subsequent "re-pricing", sold for $628,000 yesterday

#EhLoser
#tocondos

[Stephen Punwasi 🏚️📉🐈☃️ @StephenPunwasi]

I apologize for tweeting this from @betterdwelling. No need to send them more hate mail.

The loss of housing supply is no laughing matter.

The Buyers (primarily investors) of these homes (starting at $3.7m) will now experience homelessness (for their capital).

[EconomicWoes 🤖 @ManyBeenRinsed]

FINALLY!!!!!!!!!

Only 1 influencer left to block me.

What got to Johnny boy finally?!? Was it the fact he’s been saying one thing and doing another?!? Hello?!?

‘Best time to buy is yesterday’

200 likes and I’ll let y’all on a secret.

Go. 👇🏽👇🏽👇🏽👇🏽👇🏽

[Ron Butler @ronmortgageguy]

3.99% 3 - Year Fixed Mortgage Rate But ONLY From A Builder If You Buy From The Builder: WTF Is Going On??

It's always the same thing: the Builder is charging more for the house (Townhouse or Semi) and using the extra revenue to buy down the rate

WHAT!!! Overcharging? Why?

2/

[Toronto & Southern Ontario Housing Smash @TOHousingSmash]

@ATigerhut @OntHousingMrkt @londonmortgage1 @MarketManiaCa @FinEconGlobal @ManyBeenRinsed @VasCityEstates @JonFlynnREstats @ronmortgageguy @therealhebrahim @ShaziGoalie That's what I was referring to lol, sorry

[Scott Ingram REALTOR® @areacode416]

What's up, weekly Active Listings fans? This week I'm going to skip straight to MOI, where 416 Condos have now hit their highest mark since the pandemic hit.

Couple of other charts in this 🧵/1

[Scott Ingram REALTOR® @areacode416]

Toronto freehold (house) listings are getting high📈

Up until the end of August, 2023 was often running as the second LOWEST in the last 6 years. Pretty quickly they've become second HIGHEST.

The 2,908 current listings are higher than any point in 2020, 2021, or 2022. #ToRE