Shazi (@shazigoalie) 's Twitter Profile
Shazi

@shazigoalie

📰 Featured in the @globeandmail @blogto @insauga @durhamregion.com. Follow me and click on the alert for weird and wonderful happenings in Ontario RE 🏡 🇨🇦

ID: 4061008757

linkhttps://www.instagram.com/shazigoalie?igsh=MXN5MHF1czgwdjhycQ== calendar_today28-10-2015 13:57:41

12,12K Tweet

27,27K Followers

879 Following

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So rate cuts are done… for now. But if cuts do happen again… It won’t be good news. It’ll mean something broke.

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They told you detached homes couldn’t go down in Toronto. Annex / Yonge-St. Clair just saw prices plunge 32% YoY & 21% MoM. The so-called “recession-proof” market is finally bleeding.

They told you detached homes couldn’t go down in Toronto.

Annex / Yonge-St. Clair just saw prices plunge 32% YoY & 21% MoM.

The so-called “recession-proof” market is finally bleeding.
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They told you Ontario homes were bulletproof. Now stale listings crowd the streets and buyers have vanished. Underwater mortgages, investor panic, mass exodus. This is the market’s silent bloodbath.

They told you Ontario homes were bulletproof. Now stale listings crowd the streets and buyers have vanished. 

Underwater mortgages, investor panic, mass exodus.

This is the market’s silent bloodbath.
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Toronto detached homes have been quietly trending down since early March. Not a crash… but a slow, steady leak. The kind that drains you before you even notice.

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They took their parents' life savings for a down payment… Bought into a dream sold by realtors and politicians. Now they’re buried under rising interest rates and runaway living costs. The house isn’t building wealth. It’s bleeding them dry.

They took their parents' life savings for a down payment…

Bought into a dream sold by realtors and politicians.

Now they’re buried under rising interest rates and runaway living costs.

The house isn’t building wealth.
It’s bleeding them dry.
Shazi (@shazigoalie) 's Twitter Profile Photo

🚨Ontario’s housing machine is grinding to a halt. Sales have vanished. Projects will run dry by 2027. By 2028–29? No homes. No jobs. No investment. Builders are begging for tax breaks. Buyers are walking away. And the government’s response? Wait and watch. This is the quiet

Fraser Quinn 🇨🇦🇮🇪 (@narfsheep) 's Twitter Profile Photo

Shazi Masonry is dead. I’m in a union, and there is no work. Two years ago, we were chasing closing dates. Now, my entire crew is laid off. No sales means no building. Tons of infrastructure is in the ground, but nothing is starting.

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Toronto condo market last week: 📉 6,582 active listings 🏚 161 sold (2.4%) 💸 Just 39 sold at or above list price 📊 9.4 months of inventory — deep buyer’s market They told you the city was “booming.” But these numbers scream: oversupply, discounting, and desperation.

Greg Brady (@gregbradyajax) 's Twitter Profile Photo

MRI machines per 1 million people / OECD nations: 1. Japan 57.4 2. USA 38 3. Greece 37.2 4. South Korea 35.5 5.Germany 35.2 6T. Italy 33.2 6T. Finland 33.2 8. Norway 31.3 9. Austria 26.6 10. Spain 20.4 OECD Average - 19.4 29. Canada 10.8 29th of 33 countries. An MRI machine

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The Raptors’ new first-round pick whispered something under his breath when his name was called… I think he already knows what’s happening to the City of Toronto.

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In just 3 months, the average condo sold price in: 🔴 Toronto: $712,000 🟢 Peel: $514,000 📉 Difference: $198,000 Same province. Same market forces. But two completely different realities.

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🇨🇦 just added 20,000 people from Jan to April. That’s the 2nd slowest population growth since 1946. Tied with Q4 of 2014. The country that bragged about record immigration... Just hit a historic wall.

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It’s no longer paycheque to paycheque in 🇨🇦. It’s bill to bill. Families are now picking which bills not to pay each month because they can’t afford them all. A financial breaking point is quietly unfolding.