Let's Talk House Podcast
Let's Talk House Podcast is the information gateway for home buyers and home sellers on real estate market updates, news, mortgage news, rates, government policies related to real estate and more. We'll bring you the latest reports from organizations like National Association of Realtors®, Canadian Real Estate Association, Ontario Real Estate Association, Toronto Regional Real Estate Board, Canadian Mortgage Professionals, International Association of Home Staging Professionals and more. We'll share all the top real estate news stories and the best kept secrets every homeowner and buyer should know, so you can stay ahead of the curve and make fully informed real estate decisions. Host Lei Villar-Cisneros is the founder of HomesByLei.com and co-author of #TheSmartSeller: What To Expect When Selling A Home. She is also a real estate broker and mortgage agent licensed in the Province of Ontario and serving the Toronto and Greater Toronto Area in Canada.Get the latest real news on real estate on Let's Talk House podcast, your go-to source for all things real estate, mortgage and beyond!Don't forget to subscribe! Love what you hear? Please leave us a review! Thanks for listening!
Let's Talk House Podcast
Let's Talk House Episode 19: Toronto Condo Market Shock: What's Really Happening?
Stay ahead of the curve in Toronto's dynamic real estate market with Let's Talk House, your go-to podcast for expert insights, market trends, and actionable advice. Join us as we dive into the world of Toronto condos, homes, and neighborhoods, providing you with the knowledge you need to make informed decisions.
From market updates and trends to tips and strategies, our podcast covers it all. Whether you're a buyer, seller, or investor, Let's Talk House is your ultimate resource for navigating Toronto's real estate landscape.
Subscribe now and get ready to make informed decisions in Toronto's ever-changing real estate market!"
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Toronto condo market update what's hot and what's not in this episode of let's talk house your go-to source for all things real estate mortgage and beyond in the Toronto and the Greater Toronto area in Canada welcome home I'm your host Lei Villar- Cisneros. You won't believe the stats behind Toronto's condo market shift right now. So what's going on in the Toronto condo market? Well, one thing that's notable is the increase in active listings. Today, we're discussing the current state of Toronto's condo market. There's been a significant shift in recent months, and we're here to break it down for you. From increasing inventory levels to decreasing sales, we'll cover what buyers and sellers need to know. According to the latest Toronto condo market report, the Toronto condo market has seen a significant increase in active listings with over 7,000 properties currently on the market. At the same time, firm sales have decreased, resulting in high months of inventory. This indicates a buyer's market where buyers have more negotiating power. Let's dive deeper into the numbers. The data shows that similar smaller units, those under 500 square feet, have the highest months of inventory at 12.7 months. On the other hand, larger units between 1,000 and 1,199 square feet have relatively lower months of inventory at 6.87 months. This suggests that buyers are favouring larger units in the current market. The two-bedroom and the two-bed plus den segment is the largest percentage of properties for sale in Toronto. However, there are notable gaps between active listings and sales in the 700 to 799 square foot range. In contrast, units between 1,000 and 1,199 square feet have seen more sales in 2025. This could be an opportunity for sellers to reassess their pricing strategies. In conclusion, the Toronto condo market is undergoing significant changes. Understanding these trends can help buyers and sellers make informed decisions. If you're looking to buy or sell a condo in Toronto, stay informed about the market conditions. So what does this mean for buyers and sellers? If you're a buyer, take your time and don't rush into the decision. You've got more negotiating power, so use it to your advantage. If you're a seller, price your property correctly and be prepared to negotiate. Properties that have been on the market for over 60 days may need a price adjustment to stay competitive. Thanks for tuning in to this episode of Let's Talk House. If you have any questions or comments about the Toronto condo market, feel free to reach out to me. Don't forget to subscribe to our podcast and leave a review. Join the conversation on our social media channels and let's talk about the Toronto real estate market. You've been listening to Let's Talk House Podcast, your go-to source for all things real estate, mortgage, and beyond in the Greater Toronto Area in Canada. Be sure to press the follow button so you won't miss an episode. Also, subscribe to my YouTube channel, follow me on Instagram and Facebook at @leivillarrealestate. As always, thanks for listening and we'll see you Next time.