Is it a crash, a correction… or something in between?

In this episode of The Real Estate Podcast .ca, Jon & Cheryl break down what’s *actually* happening in the GTA condo market and why it’s been the roughest stretch in decades.

We split it into two big parts: **pre-construction** and **resale**, because both are hurting… just for different reasons.

We’re talking:

* The pandemic-era pre-con frenzy (and why so many buyers are showing up to closing underwater)
* Appraisal gaps, deposit losses, and the real risk of getting sued
* Why investor demand has fallen off a cliff
* The flood of resale inventory, renewals, and “selling for less than you paid” stories
* What this means for sellers right now (pricing, staging, strategy)
* Where the opportunities are for buyers who’ve been waiting on the sidelines

We also share real-world client examples plus our honest take on what happens next through 2025 and beyond.

If you own a condo, want to buy one, or you’re just trying to make sense of the headlines, this one’s for you.