{"id":196042,"date":"2025-10-07T23:08:12","date_gmt":"2025-10-07T23:08:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/196042\/"},"modified":"2025-10-07T23:08:12","modified_gmt":"2025-10-07T23:08:12","slug":"whos-actually-moving-in-canadas-housing-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/196042\/","title":{"rendered":"Who\u2019s actually moving in Canada\u2019s housing market?"},"content":{"rendered":"<p>Much has been made of the so-called \u201cdog crate\u201d condos sitting unsold in the city, with those properties largely built for rental purposes before demand nosedived. <a href=\"https:\/\/www.mpamag.com\/ca\/mortgage-industry\/market-updates\/first-time-buyers-bide-their-time-even-as-canadas-housing-market-opens-up\/550968\" rel=\"nofollow noopener\" target=\"_blank\">Few buyers are willing to take a gamble<\/a> on those properties.<\/p>\n<p>But other, larger condo types are attractive to buyers in the city, Jang said, particularly those who are purchasing for the first time.<\/p>\n<p>\u201cEven if they\u2019re making pretty good money, they weren\u2019t able to actually buy anything of decent value when condo prices were so high before,\u201d he said. \u201cNow they\u2019re able to buy condos, let\u2019s just say for $500,000. Before, that didn\u2019t get you much. But now, that gets you something quite nice.\u201d<\/p>\n<p>Toronto market far from a big rebound<\/p>\n<p>That\u2019s not to say things are looking up if you\u2019re a seller in Toronto\u2019s housing market. Condo prices are expected to continue slipping in the months ahead, particularly with a flood of new inventory still scheduled to hit the market.<\/p>\n<p>And some analysts believe borrowing conditions still need to improve before more buyers will be coaxed back into the market.<\/p>\n","protected":false},"excerpt":{"rendered":"Much has been made of the so-called \u201cdog crate\u201d condos sitting unsold in the city, with those properties&hellip;\n","protected":false},"author":2,"featured_media":196043,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[45,49,48,97306,11196,100,33901],"class_list":["post-196042","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-ca","tag-canada","tag-canada-homebuying","tag-housing-market","tag-markets","tag-toronto-housing-market"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/196042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=196042"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/196042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/196043"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=196042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=196042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=196042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}