Toronto GTA Real Estate Tips What September’s 28% Drawdown & $605K Condos Mean for You
Impossibile aggiungere al carrello
Rimozione dalla Lista desideri non riuscita.
Non è stato possibile aggiungere il titolo alla Libreria
Non è stato possibile seguire il Podcast
Esecuzione del comando Non seguire più non riuscita
-
Letto da:
-
Di:
Ciao! Welcome to a new episode of Helping YOU Build Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker with Re/Max West Realty in Toronto.
In this data-heavy episode, we provide vital real estate market intelligence to unpack whether September TRREB numbers and a startling 68,300 Canadian job loss signal a bottoming cycle or a deeper correction ahead. Discover actionable Toronto real estate tips and Canadian real estate investing strategies designed to capitalize on 6-year benchmark price lows, expanding buyer leverage, and upcoming central bank rate decisions.
Key Takeaways From This Episode:
- The 28.3% Drawdown Reality: TRREB’s composite benchmark slipped to $917,600 (-0.9% MoM, -4.7% YoY), wiping out post-lockdown gains and matching September 2020 levels.
- The Price Composition Trap: Why the arithmetic GTA average price rose 1.3% to $1,006,409 despite sales volume tumbling 9.0% YoY to 5,040 transactions.
- Condos Down to $605K: Condominium apartments absorbed the sharpest correction, dropping 7.6% YoY to $605,257—unlocking historic negotiation leverage for astute buyers.
- Macro & Labour Shock: Canada shed 68,300 jobs in September (-110,000 across August and September combined) as Section 338 50% U.S. tariffs and global energy pressures weighed on consumer confidence.
- Bond Yields & Mortgage Rates: Why U.S. Treasury debt borrowing pressures keep fixed borrowing costs sticky despite weakening Canadian economic data.
- Critical Dates to Circle: The Bank of Canada policy rate decision dates on October 28, 2026 and December 9, 2026, following the high-stakes October 19 CPI inflation release.
Take Action & Build Your Wealth:
Ready to run your numbers with clarity before the next rate announcement? Download our investor toolkits, market cheat sheets, or schedule your 1-on-1 portfolio consultation directly through my Stan Store:
👉 https://stan.store/CondoWiz
Thank you so much for tuning in, sharing this episode with fellow investors, and trusting us to guide your journey brick by brick!
Support the show
Helping YOU Build Wealth Through #RealEstate #BrickByBrick
Your support means the world. If you’ve found value in these conversations, the best way to keep them going is by subscribing 🙏
Book a time for a quick 30 min Chat / Strategy Call:
https://calendar.app.google/rPNY2BnpvJ1oAx5G7
Social:
https://www.instagram.com/nicojamesbock/
WhatsApp: +1 (416) 709-3884