Toronto housing outlook for 2025

Jason Mercer, chief market analyst of TRREB, discusses the housing outlook for Toronto in 2025.

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[PASCALDAB]

It's time to acknowledge that a return to 3% mortgage rates may be unrealistic. If homeowners are forced to sell, we will likely see a drop in home prices, leading to lower property valuations. I know I'm not the only one who shares this outlook.

[markwestcotts]

I've been an investor in Apple, gold, housing market as well because I strongly believe in them, I've always believed in the stock but now I don't know if to re-distribute my portfolio and put some money in Nvidia or Tesla especially now that we are experiencing a market correction

[animeloverfan]

People keep saying 'a lot of buyers, ' but from my experience and the statistics, things are heading in the opposite direction. Please put your hand on your heart and start telling the truth.

[MosesKim-jerj]

Whenever someone gives a forecast, I always wonder what their forecasting track record is.

[msteel]

You know what buyers need? Prices to come down.

[alainroy]

The bank of Canada(which is underwater by the way) dictates short term rates but it's the market that establishes long term rates. Have a look at the 10 year notes and if Government does not print more money, expect a huge crash in real estate prices. Since 2020, we have entered into a 40 year bears bond market.

[ElectronicWasteland-px]

People expecting 100 to 150 bps of cuts are probably going to be very disappointed in 2025. A low Canadian dollar, coupled with heavily inflationary policies Trump is enacting may prompt rate hiking by the BoC by the end of 2025. Stagflation is a thing and we're not out the woods yet.

[wanmanki]

All I know is all going down, so don’t buy now sure lose money

[motillopryscin]

Lies Lies Lies
Canada's housing inventory in 2024 was higher compared to 2020, 2019, and 2018,

[Tay]

We dont need stock, there's plenty and i mean plenty of overpriced homes built in the 40's on the market. Whats the government doing about the massive 200% increase in prices? Wages obviously will take decades to catch up to that, and thats only if housing prices dont move from what they are now. 2019 i was looking at a home that qas 169, 000, in town, close to a school. That same place is over 400k now. An excess increase of over 200%. Welp im out of the market then.

[cosmoray]

The developer are still building big @ss homes which majority of people who can not afford.
They used to build small freehold townhouse but I haven't seen it lately. The townhouse nowadays are quite big compare to the ones build in the 80s-90s.

[ChrisMCP]

there is no negotiating power, unless you're buying a shoebox condo.

[TO-YA-LA-TOYA]

You will learn more about real estate market from independent new then from Bloomerg. Garbage talk,