The Toronto Real Estate Market Crash of 2022 (May 2022)

  Tuesday, May 24, 2022

The Toronto Real Estate Market Crash of 2022 (May 2022)

We see it on the news and even in the numbers... the Toronto real estate market isn't looking so hot anymore. Even though there are realtors out there preaching the market is healthy, I'm seeing data that suggests otherwise with low April sales numbers and falling prices. This market is starting to remind me of 2017 when we saw a spike in home prices followed by a crash from a flood of inventory. Will this be a repeat?

In this video, I explain what I'm seeing across the Toronto real estate market and take you through the recent April data.

 

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