In this episode of the Toronto Real Estate Podcast, Ralph Fox and his team at Fox Marin recap the Toronto real estate market of 2025, discussing the gap between media narratives and on-the-ground realities. They address misconceptions about the market being "dead," emphasize that transactions are still occurring, and highlight the importance of meaningful price reductions for sellers. The team also touches on the surprising number of listings they've turned down, the potential for a second wave of inventory, and the impact of hyper-local market trends. They share anecdotes, including a bizarre property showing experience and the use of St. Joseph statues to aid in sales. The panel further explores the limited impact of policy changes, the surprising influence of the Blue Jays' World Series run on market activity, and the shift in buyer focus towards affordability over interest rates. They conclude by discussing common misconceptions among buyers and sellers, the importance of good properties, and the potential future devaluation of parking spaces with the rise of autonomous vehicles.
Sign in to continue reading, translating and more.
Continue
