In this week's episode of The Last Week in Real Estate, we dive deep into the transformative changes reshaping Canada's housing market. From the Bank of Canada's fifth consecutive rate cut bringing rates to 3.25%, to groundbreaking changes in mortgage rules raising the insured cap to $1.5 million, December 2024 is proving to be a pivotal moment for real estate. We explore the 26% surge in November home sales, analyze the contrasting trends in new construction, and examine the rental market's biggest supply increase in three decades. Visit www.tanteam.com for more detailed analysis and market insights that can help you navigate these changing conditions.

In this week's deep dive into the real estate market, we explore the game-changing implications of the Bank of Canada's 50-basis point rate cut, bringing the overnight rate to 3.25%. With mortgage rates expected to follow suit and significant policy changes coming in January 2025, we're witnessing a pivotal moment in Canadian real estate. From variable-rate mortgage holders seeing immediate relief to new opportunities for first-time buyers, this episode unpacks what these changes mean for everyone in the market.

In this week's episode of The Last Week in Real Estate, we dive deep into Toronto's surprising 40% surge in November home sales and what it means for buyers and sellers. Host Kai Tan analyzes the perfect storm of market conditions: four consecutive interest rate cuts, upcoming changes to mortgage rules, and fresh employment data suggesting more rate cuts ahead. Learn why the traditional winter slowdown might not apply this year, and discover strategic opportunities in both the detached and condo markets. For comprehensive market insights and more detailed analysis, visit www.tanteam.com.

Join us for this week's deep dive into Toronto's transforming real estate landscape. From unprecedented market shifts to game-changing policy updates, this episode unpacks why new condo sales have plunged 91% below the 10-year average while entry-level homes spark bidding wars. We explore how four consecutive rate cuts have reshaped buyer behavior, why traditional starter homes might be becoming obsolete, and what December's mortgage rule changes could mean for the market. With insights from real buyers and market experts, we analyze why young professionals with substantial savings are rewriting the traditional home-buying playbook. Visit www.tanteam.com for detailed market reports and insights.

In this week's episode, we dive deep into October's remarkable 7.7% surge in home sales, breaking above the 10-year monthly moving average for the first time since rate hikes began. We explore the implications of major banks preparing for an unprecedented "mortgage war" as 55% of mortgages come up for renewal in the next two years. With housing starts up 8% and warnings of potential mortgage arrears in major markets, we analyze what these converging forces mean for buyers and sellers. Visit tanteam.com for our complete market analysis and strategic recommendations.

In this week's deep dive into the evolving real estate landscape, we unpack the three major forces reshaping Toronto's housing market. As Royal LePage predicts Toronto will overtake Vancouver as Canada's most expensive market in 2025, we examine how Trump's anticipated presidency could impact Canadian mortgage rates, analyze the approaching wave of 1.2 million mortgage renewals, and explore dramatic regional market variations across Canada.

From Thunder Bay's remarkable 87% sales-to-listing ratio to Toronto's current buyer's market at 28%, we reveal how different markets are responding to changing conditions. We also explore the Bank of Canada's rate-cutting cycle, the transformation of the real estate profession, and what recent immigration changes mean for housing demand.

Visit www.tanteam.com for detailed market analysis, regional breakdowns, and expert insights on navigating these changing market conditions.

In this compelling episode of The Last Week in Real Estate, host Kai Tan dissects the dramatic 44% surge in Toronto's October housing market. Following the Bank of Canada's fourth consecutive rate cut, we explore the remarkable transformation across different property types and regions, from Oakville's 56% sales increase to Brampton's 50% surge. Kai provides crucial insights into the contrasting dynamics between condo and freehold markets, analyzes the strategic implications of current inventory levels, and offers valuable guidance on bridge financing and timing in this evolving market. With expert analysis on pre-approvals trending toward variable rate mortgages and a stabilizing rental market, this episode delivers essential information for buyers, sellers, and investors navigating the Greater Toronto Area's real estate landscape. For more comprehensive market insights and detailed analysis, visit www.tanteam.com.

In this week’s episode of The Last Week in Real Estate, Kai Tan unpacks the latest twist in Toronto’s property market—a drop in interest rates just as home prices begin to rise. As more buyers wait for rates to fall further, the risk of missing out on today’s deals grows. Kai explores how rising demand could erase savings from lower rates, the hidden costs of “waiting it out,” and why some experts say now is the time to move. For more real estate insights, visit www.tanteam.com.