Rhonda Tang

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Markham, ON
Rhonda Tang

My name is Rhonda Tang and I am living in Markham for the past 10 years. I am a real estate agent wo

06/16/2026

Will the condo market continue to correct?

A recent TD Economics report suggests Vancouver condo prices could continue declining through 2026 before stabilizing in 2027.

The report also notes that Vancouver’s correction may be milder than Toronto’s because Vancouver has more end-user buyers, while Toronto’s condo market has historically relied more on investors. Higher interest rates tend to reduce investor demand and put greater pressure on investor-heavy markets.

For buyers, today’s market offers more selection and negotiating power. Rather than trying to time the bottom, focus on fundamentals like location, layout, building quality, and long-term value.

For sellers, realistic pricing based on recent comparable sales is key. Overpricing can lead to longer days on market and weaker results.

For investors, the focus should be on cash flow and overall carrying costs—not just how much prices have fallen.

Thinking about buying, selling, or investing in a condo in Toronto or the GTA? Send me a message to discuss your options. Click on my Bio to connect me on whatsapp.

06/15/2026

May real estate data 📊 shows that compared with April, both sales volume and prices have increased.

However, the market has not returned to the 2022 peak yet. The current trend is a gradual upward movement, and the market is clearly showing signs of recovery.

The buyer’s market may only last until the second half of this year or early next year.

If you are thinking about buying a home, please contact me directly. You can add me on WhatsApp through the link in my bio.

06/12/2026

The Bank of Canada is not rushing to “rescue” the housing market. That is an important message for both buyers and sellers.

For sellers, this means pricing still needs to be realistic. We cannot assume that lower rates will quickly bring buyers back or push prices higher overnight.

For buyers, this may create a window of opportunity. With less competition and more cautious market sentiment, serious buyers may have more room to negotiate — especially on properties that have been sitting.

Don’t wait for the market to be “perfect.” Make decisions based on your own timing, financing, and long-term goals.In today’s market, strategy matters more than speculation.

Thinking about buying or selling in the GTA? Let’s review your options before making a move. Click on my Bio to start chat with me:)

06/04/2026

GTHA condo market: it’s not just one story.

Completed and unsold inventory is rising, but the real picture has more nuance.

Some projects, locations, and price points are under pressure. Others are still moving when the value makes sense.

This is not a market for guessing. It’s a market for strategy, data, and selective opportunities.

Thinking about buying, selling, or investing in a condo? Let’s look at the numbers before making a move.

Click on my Bio to connect me on whatsapp to start your free consultation

05/28/2026

Canada’s mortgage market is under pressure😱

In 2025, mortgage activity was driven more by renewals than new purchases — a clear sign that many homeowners are adjusting to a higher-rate environment.

• Renewal pressure remains high
• 90+ day delinquencies have risen, especially in Ontario and Toronto
• Insured mortgage activity has increased
• Mortgage debt has exceeded $2.4 trillion
• Labour market softness is adding stress

But this is not a collapse.

Delinquencies are rising, yet still low by recent standards. The system remains stable — but borrowers are more sensitive to rates, income changes, and cash flow pressure.

The message is clear:

For buyers, mortgage strategy matters.
For sellers, realistic pricing matters.
For investors, holding power matters.

The next 12–24 months will reward disciplined decisions — not emotional ones.

If you are buying, selling, renewing, or rethinking your GTA real estate strategy, let’s talk.

05/25/2026

🎉Toronto real estate just added $11.5B in value. Most people still think the market is “bad” because rates are high. But the reality is different.

👉 The market didn’t crash.
👉 It didn’t stop.
👉 It’s quietly rebuilding strength.

This is what a transition market looks like.

• More inventory = more choice
• Less competition = better negotiation
• Smart money = already moving

The biggest risk right now isn’t buying too early. It’s missing the shift.

If you’re a first-time buyer or planning your next move, this is the moment to reassess — not wait blindly.

DM me if you want to understand your best strategy in today’s market.

05/22/2026

Canada’s housing slowdown is no longer just a real estate story — it’s becoming an economic story.

The Bank of Canada says the housing slowdown is now weighing on economic growth. In its latest Monetary Policy Report, the Bank noted that housing activity and exports are expected to subtract from growth, while affordability pressure and slower population growth continue to limit housing demand.

This is important because housing is not just about buying and selling homes.

When housing slows down, it affects:

• construction
• renovation
• mortgage lending
• consumer confidence
• government revenue
• local businesses tied to real estate activity

But here is the key point:

A weak housing market does not mean every buyer should wait forever.
It means every decision needs to be more strategic.

The next winners in this market will not be the people who simply wait. They will be the people who understand the cycle and make disciplined decisions.

If you are buying, selling, or rethinking your real estate strategy in the GTA, let’s talk. DM me or connect me on whatsapp.

05/20/2026

Has Toronto’s condo market hit bottom?

But here’s the key point:
A market bottom does not mean prices suddenly jump. It means buyers are starting to come back when the numbers make sense.

Right now, the condo market is still selective.

Well-priced units are getting attention.
Overpriced listings are still sitting. Investors remain cautious. First-time buyers are watching affordability closely.

For buyers, this may be a window to negotiate before confidence fully returns.

For sellers, pricing must reflect today’s market — not 2021 or 2022 expectations.

For investors, cash flow, location, and holding power matter more than ever.

Toronto condos may be stabilizing, but strategy is everything.

Thinking about buying, selling, or investing in a Toronto condo?
Let’s talk before you make your next move.

— DM me on whatsapp 647-883-0528
Toronto GTA Real Estate Advisor

05/14/2026

😮Expect “big drops” in housing starts this year, says Canada’s builders association.

This is not just a construction story.

When builders stop launching and buyers stay on the sidelines, today’s slowdown can quietly become tomorrow’s supply shortage.

In the GTA, especially for condos and pre-construction, weak sales today may mean fewer new homes delivered in the next few years.

For buyers, this market may offer more negotiating power.

For long-term investors, the key question is not only “Where are prices today?”
It is also: “Where will supply be 3–4 years from now?”

Market slowdown or future supply squeeze? The answer may be both.

DM me if you want to understand what this means for you.

05/06/2026

🔥GTA Market Update: Sales Are Up, But Prices Are Still Down⬇️

In April 2026, GTA home sales increased 7% year-over-year, while new listings dropped 9.3%.

This means market conditions are starting to tighten. But prices have not fully recovered yet.

Average selling price: down 4.9%
MLS® HPI benchmark: down 6.6%

Buyers still have choice and negotiating power, but if sales keep rising and listings keep falling, some neighbourhoods may become more competitive.

This is not a market for guessing. It’s a market for strategy.

DM me if you’re planning your next move in the GTA.

Address

7481 Woodbine Avenue, Suite 203
Markham, ON
L3R2W1

Telephone

+16478830528

Website

http://www.markhamhome.ca/

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