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.