December 17, 2024

Ep. 29 – Toronto Real Estate in 2024: The Year That Changed Everything

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Host David Fleming delivers a no-holds-barred retrospective on Toronto’s 2024 real estate market in this year-end episode of The Last Honest Realtor. From shocking sales stats to the implosion of the pre-construction condo market, David unpacks the stories that shaped the year—and offers an unfiltered look at where we’re headed next.

Whether you’re a buyer, seller, investor, or real estate observer, this episode brings clarity to the chaos of 2024 with data-driven insights, market trends, and candid commentary on Toronto’s housing landscape.

In This Episode:

  • The death of preconstruction condos and what it signals for Toronto’s future
  • Investor blame game: Why they became the 2024 scapegoats—and what’s really driving the market
  • The shocking collapse in sales numbers: Historic lows and what they reveal about buyers and sellers
  • How government policies and taxes continued to shape—and frustrate—the housing market
  • The most bizarre pricing strategies of the year that left homes sitting unsold


Timestamps:
00:00 – Introduction: 2024 in review
04:10 – Story #5: The death of preconstruction condos
12:45 – Story #4: The role of investors in Toronto real estate
20:30 – Story #3: Sales collapse—historic lows and missed predictions
32:10 – Story #2: How government policies added fuel to the crisis
44:50 – Story #1: Pricing madness and failed strategies in a changing market
54:30 – Predictions for Toronto’s 2025 real estate market

Don’t Miss:

  • David’s take on why 2025 could be a year of recovery—and surprises
  • Eye-opening insights into the trends and headlines that dominated the market
  • A candid breakdown of how buyers, sellers, and agents navigated one of Toronto’s toughest markets


Subscribe to The Last Honest Realtor on YouTube or your favorite podcast platform for unfiltered, expert insights on Toronto real estate.

Likecomment, and share: What do you think was the biggest story of Toronto’s 2024 real estate market?