Ep. 12 | How The Media Can Be Misleading With Real Estate Data
Episode description
Welcome back DC family! In today’s episode, we’re going to be discussing how the media crafts misleading narratives around the real estate market. They exaggerate their headlines and write their articles with half-truths.
Owen and I are going to be talking about this article that BlogTO wrote a month ago. The headline is “Nobody is buying Toronto homes anymore as demand drops to the lowest level in years.” If you live in Toronto, you know that is not true. As a realtor, my issue with this is that many of prospective buyers & sellers will read headlines like this and be misinformed. With misinformation, people will make decisions that can have a major impact on their lives.
There are many articles like this online and it’s time I finally share my thoughts on it.
In this episode, I will be speaking about this and more. Topics we discuss are:
Where you go to find the right information on the market
Factors that are causing the interest rates to go up
The correlation between pre-construction to residential demand
Working with your realtor to make the best decisions for your situation
Understanding TREB (Toronto Real Estate Board) data
Don’t forget to rate & review the podcast. Connect with me on social media at @davidcinelli_realtor for more content and any questions you may have on the market, and the show! See you next week!