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.

In this episode of The Last Week in Real Estate, host Kai Tan delves into the latest changes in Ontario’s landlord and tenant laws, exploring new regulations on renovictions, air conditioning rights, and above-guideline rent increases. He also breaks down a recent Tax Court ruling that could shake up the short-term rental market. From the rise of rent strikes to legal battles over defamation, this episode takes a hard look at the evolving power dynamics in Ontario’s rental landscape. Tune in for an insightful analysis, and for more real estate news, visit www.tanteam.com.

In this episode of The Last Week in Real Estate, host Kai Tan dives deep into the implications of the Bank of Canada’s upcoming rate cuts and their effects on the real estate market. With bond yields acting as a predictor for fixed mortgage rates, the anticipated rate-slashing could bring significant changes for homebuyers and sellers alike. From mortgage stress tests to growing inventories, this episode unpacks the complexities behind the economic decisions that shape housing affordability in Toronto and beyond. As we navigate a potentially rocky fall market, we explore whether interest rate cuts are enough to stabilize the market long-term. Tune in to stay informed, and visit www.tanteam.com for more news and insights.

In this week’s episode of The Last Week in Real Estate, host Kai Tan explores Toronto’s shifting real estate market, now poised for a “soft” fall. With prices slowing, inventory rising, and buyers sitting tight, Kai dives into what this means for first-time buyers, investors, and sellers alike. Is Toronto’s market a bargain waiting to be seized or a risk to be avoided? As 2025 looms with the promise of rate cuts and new mortgage rules, Kai raises the question: who will come out ahead? Tune in for insights and perspectives, and for more, visit www.tanteam.com

In this episode of The Last Week in Real Estate, host Kai Tan delves into the challenges shaping Toronto’s housing market. With homeownership increasingly out of reach, renting is becoming the new norm, but governments aren’t doing enough to support this shift. Kai explores the rental market’s shortcomings, rising interest rates, and new mortgage rules, asking whether Toronto can evolve into a city that values long-term renters. Tune in for a comprehensive breakdown of where the market is headed. For more news and information, visit www.tanteam.com