Let's Talk House Episode 19: Toronto Condo Market Shock: What's Really Happening?

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Episode Transcript

Lei Villar-Cisneros (00:01):
Toronto condo market update what's hot
and what's not in this episodeof let's talk house your go-to
source for all things realestate mortgage and beyond in
the Toronto and the GreaterToronto area in Canada welcome

(00:25):
home I'm your host Lei Villar-Cisneros.
You won't believe the statsbehind Toronto's condo market
shift right now.
So what's going on in theToronto condo market?
Well, one thing that's notableis the increase in active
listings.
Today, we're discussing thecurrent state of Toronto's condo
market.
There's been a significantshift in recent months, and

(00:48):
we're here to break it down foryou.
From increasing inventorylevels to decreasing sales,
we'll cover what buyers andsellers need to know.
According to the latest Torontocondo market report, the
Toronto condo market has seen asignificant increase in active
listings with over 7,000properties currently on the

(01:09):
market.
At the same time, firm saleshave decreased, resulting in
high months of inventory.
This indicates a buyer's marketwhere buyers have more
negotiating power.
Let's dive deeper into thenumbers.
The data shows that similarsmaller units, those under 500
square feet, have the highestmonths of inventory at 12.7

(01:31):
months.
On the other hand, larger unitsbetween 1,000 and 1,199 square
feet have relatively lowermonths of inventory at 6.87
months.
This suggests that buyers arefavouring larger units in the
current market.
The two-bedroom and the two-bedplus den segment is the largest

(01:53):
percentage of properties forsale in Toronto.
However, there are notable gapsbetween active listings and
sales in the 700 to 799 squarefoot range.
In contrast, units between1,000 and 1,199 square feet have
seen more sales in 2025.
This could be an opportunityfor sellers to reassess their

(02:16):
pricing strategies.
In conclusion, the Torontocondo market is undergoing
significant changes.
Understanding these trends canhelp buyers and sellers make
informed decisions.
If you're looking to buy orsell a condo in Toronto, stay
informed about the marketconditions.
So what does this mean forbuyers and sellers?
If you're a buyer, take yourtime and don't rush into the

(02:36):
decision.
You've got more negotiatingpower, so use it to your
advantage.
If you're a seller, price yourproperty correctly and be
prepared to negotiate.
Properties that have been onthe market for over 60 days may
need a price adjustment to staycompetitive.
Thanks for tuning in to thisepisode of Let's Talk House.
If you have any questions orcomments about the Toronto condo

(02:59):
market, feel free to reach outto me.
Don't forget to subscribe toour podcast and leave a review.
Join the conversation on oursocial media channels and let's
talk about the Toronto realestate market.
You've been listening to Let'sTalk House Podcast, your go-to

(03:20):
source for all things realestate, mortgage, and beyond in
the Greater Toronto Area inCanada.
Be sure to press the followbutton so you won't miss an
episode.
Also, subscribe to my YouTubechannel, follow me on Instagram
and Facebook at@leivillarrealestate.

(03:41):
As always, thanks for listeningand we'll see you Next time.