The GTA real estate market is buzzing with change, and the Urban Nation Report gives us a front-row seat to the action. Resale activity has surged by an impressive 44% compared to last year, signaling a cautious return of buyers to the market. Interest rate cuts are creating ripples, but the market is far from predictable. From softening condo prices to the luxury market booming beyond expectations, there’s a lot to unpack. In this episode, Owen and I dig deep into the numbers and trends shaping the market. The discussion touches on: - The surge in resale activity and what’s driving it. - Key takeaways from the Urban Nation Report, including buyer trends and market balance. - Why the condo market presents opportunities for savvy buyers. - Factors behind the sharp increase in luxury home sales. - How CMHC insurance limit changes are making homes more affordable. - The role of interest rates in shaping buyer and investor behavior. - Predictions for 2025 and the spring market. - Long-term investment strategies for maximizing returns. #realestate #toronto #ratecuts