The 2022 Toronto Housing Crash is HERE [ August 2022 Market Update ]

The 2022 Toronto Housing Crash is HERE [ August 2022 Market Update ]

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►► It's now OFFICIAL! The Toronto Real Estate Market has officially crashed. Technically, a real estate crash occurs when prices are down by 20% or more. The Toronto Housing Market has now officially hit this 20% price plummet market. The crash is HERE! On top of that, Toronto housing sales are at a 20-year low. 416 Toronto Detached homes are down 12% in a month. In short, almost everything is going sideways with the real estate market right now so if you're in the housing market, be sure to tread carefully!

In this episode of PPTV, I go through the in-depth August 2022 statistics for the Toronto Real Estate Market to give you a more thorough analysis of what is really happening with this Toronto Housing crash, where the market will be come September 2022 and discuss the little sliver of hope that could prove to be a stabilizing point for the Toronto Housing Market. As usual with real estate, only time will tell, so be sure to stay tuned for more!

#TorontoRealEstate #TorontoCondoMarket #TorontoRealEstateMarket

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