225: Toronto "Needs a 28% Correction for Fair Value"

Toronto's #1 Real Estate Podcast

Why is Toronto Real Estate Considered Overvalued?

How Do We Know Affordability is Not a Priority in Ontario?

What Cracks Do We See in New Home Sales?

Articles Referenced in this Episode:

Why is Toronto Real Estate Considered Overvalued?

https://betterdwelling.com/canadian-real-estate-overvalued-toronto-needs-a-28-correction-for-fair-value-imf/

https://betterdwelling.com/canadian-estate-prices-are-the-most-overvalued-in-the-g7-shows-another-indicator/

https://www.cbc.ca/news/business/housing-bubble-small-towns-1.5973134

https://nationalpost.com/news/canada/torontos-condo-market-heats-up

https://www.ctvnews.ca/business/pattie-lovett-reid-from-first-time-buyers-to-luxury-homes-canada-s-real-estate-market-is-on-fire-1.5366979

https://www.narcity.com/en-ca/real-estate/toronto/torontos-rental-market-is-now-seeing-bidding-wars-due-to-new-competition

https://blog.remax.ca/toronto-real-estate-speculators-causing-a-gta-market-bubble/

How Do We Know Affordability is Not a Priority in Ontario?

https://www.thestar.com/opinion/contributors/2021/04/03/successive-budgets-show-affordable-housing-is-clearly-not-a-priority-for-ontario.html

https://www.cbc.ca/radio/thecurrent/the-current-for-march-30-2021-living-conditions-1.5969479/as-house-prices-soar-is-home-ownership-in-canada-becoming-something-only-the-rich-can-afford-1.5970042

https://betterdwelling.com/canadian-home-buyers-are-bidding-way-above-ask-for-no-real-reason/

https://dailyhive.com/toronto/ontario-lockdown-real-estate

Hot Topics:

https://betterdwelling.com/canadian-mortgage-approvals-for-over-leveraged-borrowers-soars-to-a-record-high/

https://financialpost.com/news/economy/mounting-debt-worrying-as-canadians-stretch-to-chase-rising-home-prices-macklem-says

https://betterdwelling.com/canadian-confidence-in-home-prices-rising-hits-a-record-high-mortgage-pros/

https://betterdwelling.com/canada-says-it-will-not-tax-home-equity-after-industry-says-theyll-shut-down-talk/

https://www.thestar.com/opinion/editorials/2021/03/29/torontos-waterfront-development-is-back-on-the-table-lets-get-it-right.html

What Cracks Do We See in New Home Sales?

https://betterdwelling.com/city/toronto/greater-toronto-new-home-sales-fall-34-as-pent-up-demand-releases/

https://www.cbc.ca/news/business/lumber-prices-covid-19-cost-of-housing-1.5973416

https://www.nytimes.com/2021/04/02/realestate/nyc-apartments-condos-sales.html