In this episode, the team breaks down why Toronto's condo market is seeing a major slowdown, despite being spring — typically the hottest season for real estate. From overpriced listings and buyer skepticism to broader economic uncertainty, they analyze what’s keeping people on the sidelines. They also discuss whether now is a good time to buy, how media narratives are affecting market psychology, and what could spark movement in the coming months.
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0:25 – Intro
3:46 – Why Toronto condos aren’t moving
5:27 – Developers are going bankrupt
7:03 – Economic uncertainty and headlines shaping perception
9:03 – Buyers are waiting for the prices to come down
10:35 – Companies are being creative with building communities (Costco Condominium?)
14:08 – Realtors are basing their prices on nowhere
14:34 – Are the numbers of square feet of a home misleading?
17:26 – Our thoughts on whether you should buy a condo right now
19:17 – Outro/recap
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Want more real estate podcast discussions?
Watch it here: youtu.be/uLhNb8fdHt4
Listen to it here: https://open.spotify.com/show/1pwncyet9NydbgTmx5D21k
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In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey.
Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding regions within the Greater Toronto Area.
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