Toronto Real Estate Sales Dive: 2025 a Buyers Market says TRREB
#torontorealestate #gtarealestate #trreb Toronto’s real estate sales had the 2nd-worst showing for January in the past 12-years as inventory continues to add up. Even the TRREB is now saying that the 2025 market will favour the homebuyer. Links: GTA REALTORS Release 2025 Outlook and January Stats: https://trreb.ca/market-data/market-watch/ Toronto home sales expected to rise 12% this year, but board says January saw drop: https://www.bnnbloomberg.ca/business/real-estate/2025/02/05/toronto-home-sales-expected-to-rise-12-this-year-but-board-says-january-saw-drop/ New Listings of Toronto Homes Surge 26% on Bets for Lower Rates: https://www.bloomberg.com/news/articles/2025-02-05/new-listings-of-toronto-homes-surge-26-on-bets-for-lower-rates Toronto Real Estate Prices Rise As Sales Fall & Inventory Surges 70% Higher: https://betterdwelling.com/toronto-real-estate-prices-rise-as-sales-fall-inventory-surges-70-higher/ Toronto home sales rebound 10% in January: https://ca.finance.yahoo.com/news/toronto-home-sales-rebound-10-150930161.html Toronto home sales rose in January, but tariff threat could curb housing market in 2025: https://www.theglobeandmail.com/business/article-toronto-home-sales-rose-in-january-but-tariff-threat-could-curb/ TRREB predicts Toronto homebuyers will catch a break in 2025: https://financialpost.com/real-estate/trreb-buyers-market-conditions-gta-2025-outlook Multiple offers mounting for houses under $1 million in Toronto: real estate agents: https://www.ctvnews.ca/toronto/article/multiple-offers-mounting-for-houses-under-1-million-in-toronto-real-estate-agents/ Housing market 'starting to turn a corner' as national sales jump in January: https://financialpost.com/real-estate/housing-market-turns-corner-national-sales-jump-january Toronto average home price to rebound in 2024, start of multi-year recovery: TRREB: https://financialpost.com/real-estate/toronto-average-home-price-rebound-2024-trreb Homebuyers should jump into the market before interest rates go down, says expert: https://financialpost.com/real-estate/homebuyers-should-jump-into-the-market-before-interest-rates-go-down-says-expert Wayback Machine – RBC Mortgage Rates: https://web.archive.org/web/20240229025822/https://www.rbcroyalbank.com/mortgages/mortgage-rates.html Real estate prices in Toronto are WAY up, and we have analysed why: https://www.mpamag.com/ca/mortgage-industry/guides/real-estate-prices-in-toronto-are-way-up-and-we-have-analysed-why/520583 Toronto Real Estate Board Forecasting 'Buyer-Friendly' 2025: https://storeys.com/trreb-outlook-2025-first-time-buyers-renters/ Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening: https://www.bankofcanada.ca/2025/01/fad-press-release-2025-01-29/ Canada 5 Year Government Bond: https://www.marketwatch.com/investing/bond/tmbmkca-05y?countrycode=bx Bank of Canada cites Trump tariff threats in decision to cut key interest rate to 3%: https://www.thestar.com/business/bank-of-canada-cites-trump-tariff-threats-in-decision-to-cut-key-interest-rate-to/article_cb7e9ba0-dd96-11ef-9b5b-330ec95f7d8d.html Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.
