I Was Featured on CBC News – Here’s What It Means for Toronto Buyers
On a recent CBC News segment, I had the chance to speak on something that’s been on every buyer and seller’s mind: what on earth is going on with the Toronto housing market in 2025?
Let’s be honest — the past few years have felt like a rollercoaster that nobody really asked to get on. First, the market froze. Then it rebounded. And now? It’s stalling again, but not for the reasons you might think.
📉 It’s Not About Interest Rates Anymore
As I shared on the CBC piece, “It’s really The Fear Factor that’s keeping people out of the market now. It’s not interest rates. It’s not the availability of homes. It’s just fear.”
That fear is real. Tariff uncertainty, layoffs, and shaky job security are making people hesitate — even when mortgage rates are significantly lower and listings are more abundant than last year.
🔍 A Rare Buyer’s Market in Toronto
We’re seeing something we haven’t seen in years: a true buyer’s market in cities like Toronto and Vancouver. According to CREA, national home sales dropped 10% from January to February 2025 — and even more dramatically in Toronto.
Yet, that drop also brings opportunity.
If you’re ready and able to buy, this moment might be your Goldilocks Zone — a window where interest rates have come down, inventory is up, and sellers are open to negotiation.
📉 Prices Are Starting to Reflect Buyer Power
National average home prices are down 3.3% year-over-year, and listings in Toronto have nearly doubled compared to last year. That’s leverage. That’s room to breathe. That’s a shift in the game.
🕰 But Don’t Sleep On It
The same way fear is keeping people sidelined, confidence can bring them back. A recent BMO survey showed 72% of would-be buyers were waiting for rates to drop — and now they have. If confidence rebounds, so will demand… and so will prices.
We saw this exact pattern in 2020. Those who moved boldly when the market was uncertain ended up winning big. Those who waited too long? They watched prices skyrocket while trying to catch up.
🏁 Final Word: The Market’s Not Broken — It’s Waiting
We’re in a holding pattern. But like I said in the CBC piece, once we get clarity — whether it’s on tariffs, jobs, or the overall economic outlook — the Toronto housing market will move again. The only question is: will you be ready when it does?
🖥 Watch the Full CBC Feature
📺 Click here to watch the full CBC segment where I discuss market fear, rate cuts, and how buyers can find leverage in today’s shifting landscape.
📞 Let’s Talk
If you’re considering making a move — or even just want to talk strategy — I’m here.
