92. Being A Smart Buyer

In this episode, Rajiv and Xerxes dive into one of the most pressing topics in today’s real estate market: Where have the investors gone? They break down recent trends in both the pre-construction condo and freehold housing markets, highlighting the staggering sales declines (62% and 72% respectively) and the broader economic forces behind them.

From war and inflation to job losses and supply chain delays, the conversation covers the complex mix of factors impacting investor and buyer behavior. Despite the downturn, Rajiv and Xerxes shine a light on emerging opportunities and offer insight into why now may be the right time to make informed real estate moves.

📊 Key Highlights:

• Market Declines:
  • Pre-construction condo sales dropped 62% year-over-year.
  • Freehold sales down a shocking 72% in the GTA.
• Buyer Opportunities:
  • Stabilized mortgage rates (hovering around 4%).
  • Government incentives: 30-year amortization and GST rebate up to $50,000.
• Developer Incentives:
  • Extended deposit structures, cashback/credit incentives, and rental guarantees.
• Advice to Buyers:
  • Don’t let fear or media headlines drive your decisions.
  • Sit down with a trusted professional to assess opportunities based on long-term goals.
  • Consider mixed strategies—such as purchasing a resale now while investing in pre-construction for the future.

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