In Episode 11 of The Mortgage Den Podcast, host Nick Da Silva sits down with Remax Toronto Real Estate Agent Steve Weisz to break down why the Greater Toronto Area real estate market in 2025 has officially shifted into a buyer's market—with over 30,000 active listings, declining condo prices, and historically average interest rates between 4.4–4.49%. They explore how foreign buyer bans have had minimal impact, why regional cities like Hamilton, London, and Windsor are seeing up to 20% price drops, and what the return-to-office trend means for downtown condo demand. With fewer bidding wars, narrowing price gaps between home tiers, and better transparency in existing condos vs. pre-construction, savvy buyers have a rare window to enter the market or upgrade smartly. Don’t miss this expert breakdown of GTA housing trends and what to expect in the next 6–12 months as buyer confidence returns.
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