Toronto Realtors Advise Price Drops Before it Gets Worse

Toronto’s real estate market is swelling with new listings, driving prices down. Even realtors are beginning to warn sellers: drop your price now, or risk losing a lot more later. #torontorealestate #gtarealestate #canadianrealestate Links: New Toronto listings down compared to August: TRREB: https://www.youtube.com/watch?v=JvR4UQGgQJQ GTA REALTORS Release September Stats: https://trreb.ca/market-data/market-watch/ GTA home sales climb as buyers seize lower rates, but prices edge down: https://www.mpamag.com/ca/mortgage-industry/market-updates/gta-home-sales-climb-as-buyers-seize-lower-rates-but-prices-edge-down/551910 GTA REALTORS Release March Stats: https://trreb.ca/wp-content/files/market-stats/market-watch/mw2303.pdf Canadian Home Sales Post Best August in Four Years: https://creastats.crea.ca/en-CA/ Toronto home sales rose in September as buyers took advantage of lower rates, prices: https://www.ctvnews.ca/toronto/article/toronto-home-sales-rose-in-september-as-buyers-took-advantage-of-lower-rates-prices/ Price drops and rising sales define Toronto’s housing market in September: https://financialpost.com/real-estate/price-drops-rising-sales-toronto-housing-market-september Toronto homebuyers take cold-blooded approach to the condo market: https://www.theglobeandmail.com/real-estate/toronto/article-toronto-homebuyers-cold-blooded-approach-condo-market/ Negotiation Intelligence: The other agent is driving me nuts: https://realestatemagazine.ca/negotiation-intelligence-the-other-agent-is-driving-me-nuts/ Elevate your skills with Negotiation Intelligence, a new monthly column by Suze Cumming: https://realestatemagazine.ca/attention-realtors-elevate-your-skills-with-negotiation-intelligence-a-new-monthly-column-by-suze-cumming/ Mastering the low-ball offer: A high-stakes tactic for strategic Realtors: https://realestatemagazine.ca/mastering-the-low-ball-offer-a-high-stakes-tactic-for-strategic-realtors/ Canada's 'sluggish' housing market in recovery mode following interest rate cuts, Royal LePage forecast predicts: https://www.cp24.com/local/2024/10/10/canadas-sluggish-housing-market-in-recovery-mode-following-interest-rate-cuts-royal-lepage-forecast-predicts/ 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.