Taso Ballis - Real Estate

📉 Canada’s job market is continuing to struggle 🇨🇦

Last month alone, Canada reported another 18,000 job losses, with unemployment now sitting at 6.9% and youth unemployment reaching 19% 😳

A lot of Canadians right now are dealing with:

🏠 Mortgage stress
💰 Rising rent costs
🛒 Food insecurity
📉 Job uncertainty

At the same time, the country is set to allow hundreds of thousands of temporary work visas — which has sparked a major debate about jobs, training, and the future of the Canadian economy 👀

Definitely a controversial topic, but an important conversation to have 👇 Let me know your thoughts in the comments.

🚨 GTA MARKET UPDATE 🚨

Buyers are officially coming out of hibernation 🏡📈 GTA-wide sales are up 7%, and we’re starting to see multiple offers return in some of Toronto’s hottest pockets like Riverdale, Leslieville, and Midtown 👀🔥

That said… condos are still a different story. The biggest factor right now? PREP. 🧼🎨

DM me if you want to know what your home could sell for in today’s market 📲

🏗️⚖️ Developers are getting crushed in court… and for reasons you wouldn’t expect.

If a buyer can’t close on a pre-construction condo, here’s what normally happens 👇
❌ You lose your deposit
💰 The developer can sue you for the difference if the unit sells for less

But here’s where things get interesting 👀

Many developers are losing these cases because they failed to properly follow disclosure rules.
📄 Buyers are supposed to receive disclosures during the 10-day cooling-off period
✍️ Developers also need proof those disclosures were actually delivered

If they don’t?
⚠️ Courts may rule that the cooling-off period never officially started — meaning buyers could potentially walk away from the contract.

Some developers allegedly buried changes in update emails instead of properly disclosing them… and courts are not loving that.

💭 The message from the courts seems pretty clear: transparency matters.

If you’re stuck in a difficult pre-construction situation, this could be something worth exploring with a good lawyer.

📲 DM me if you want the article or want to talk through your options.