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Why you shouldn't buy a Toronto condo in 2024?
Exploring the Toronto condo market in 2024: Is it the right time to buy or should you hold off? In this video, we examine the latest trends and data, including insights from Urbanation. Discover the financial considerations and market dynamics you need to know before making your decision. Whether you're thinking about investing or simply curious about the state of real estate, join us for an informative discussion on the pros and cons of purchasing a condo in Toronto this year.

#torontorealestate

00:00:00 Introduction
00:00:31 Why You Might Consider Not Buying a Condo in 2024
00:01:02 Urbanation Report
00:01:41 Key Point: Financial Preparation Before Purchase
00:02:45 Should You Buy or Rent in 2024?
00:03:31 Resale vs. New Condo Prices
00:04:40 Key Point: Don’t buy a property if you intend to flip it quickly
00:05:53 Conclusion

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Instagram: @michaelouzasrealestate
Facebook: @michaelouzasrealestate
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Michael Ouzas is a Realtor in the Greater Toronto Area, specializing in residential condos, townhouses and houses. A former professional hockey player of over 13 years with a family of Realtors and almost a decade of personally owning/investing in estate, I love to work with amazing people and help them with their real estate goals.
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The opinions and observations expressed herein are solely my own, Michael Ouzas'. These opinions are not Royal LePage Signature, Royal LePage or the TRREB and should not be misconstrued as financial advice or to solicit anyone currently under contract. Please consult a professional and complete your own due diligence prior to taking action on any decisions relating to the matters discussed in these or any of my videos. This communication is not intended to cause or induce breach of an existing agency agreement nor is this financial advice. #torontorealestate

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