This Is CRAZY! Everything Is DOWN #realestate #canada #podcast #toronto #vancouver

#canadianrealestate #canada #realestate #toronto #vancouver #calgary
The Canadian Real Estate CLIPS

Darryl Frankfort from DealCore Properties and TK Butler from The Frank Leo and Associates discuss the Canadian Real Estate Market in depth from their own unique perspectives with a particular focus on The Toronto Real estate Market.

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Prices are dropping
Darryl Frankfort
DealCore Properties
TK Butler
Frank Leo and Asscociates

[CallPaulaRealEstate]

Sold my condo listing in Brampton this weekend. The 11th sale in these 2 condos this year! Price reduction was necessary. But sold in 45 days… conditional 4 days.

[pippylongstocking]

The 2008 collapse came from Banking Losses in the US of only $55 Billion. Far more serious now.

[thethings]

SORRY but NOT AGREE; i have a lots of my friend who are in renovation... and they have now difficulty to find jobs ( customer are on the BREAK...). So, the have already lower there price because they are now 4 or 5 peoples on the same contract bid... So, YEAH the price is going down in renovation also...

[johnmcdonald]

It's hard to slow down once you have started to run downhill.

Watch the cracks....meaning "off the books work" increase from those who are "not working." Similarly, padding jobs with cash - family member was forced to do this on their executive build with envelopes of cash...or...no work.

Now....people are hungry, rules change. My suspicion...

Client: I will buy the materials to conceal the line.

Who hasn't experienced this in the reno world?

All great until it isnt....when the work fails...or wasn't done correctly...no insurance...no paper trail...no recourse. Dangerous dance...good luck with insurance they know the game.

[pippylongstocking]

Many Economists in the US are predicting a "Depression" . Unrealized Banking Losses in the US for 2023 - 2024 are more than $600 Billion. Commercial Real-estate losses in the US exceed $1.5 Trillion . Credit card Debt in the US at an all time high. Canada mirrors the US Economy, What happens there, Will Happen here. Most people know what's coming and are holding cash to better position themselves in the future.

[Relaxlifeisshort]

Wromg anything near subways are going
So i am surprised Darryl doent know.
Stratigic sites near station with long closing are happenning

[toge]

Could you please let me know what that Burlington site is that sold out in hours. Thank you

[andrewvukadinovic]

What happened to "subscribe now and"?

[nathanhayhurst]

Building code has become politically motivated over the last 20 years, were no longer building normal homes for the middle class, code is be adjusted for weathly homes.

[CallPaulaRealEstate]

I wish your videos were much louder. Just saying

[butwhytharum]

hahahahahahahahahaha
tk why arent those chinese "clients" (customers) buying? were they frauds?

[butwhytharum]

and guys ditch the mustashes they make you guys look like even more clowns than you already are.