Industry All-Star - Debbie Cosic CEO and Founder, In2ition Realty

Uncertainty over housing supply, interest rates, inflation, politics and the economy in general... There’s been no shortage of reasons for pause for some would-be homebuyers: But the pendulum looks to be swinging back the other way.

To help you understand all the factors to make a better, more informed homebuying decision, our 2024 Builders' Annual sat down with some of the industry’s top marketing and sales experts for expert advice.

As we approach 2025, the housing market presents a unique opportunity for prospective homebuyers. Several factors have converged to create the perfect conditions for purchasing property, making now an ideal time to consider buying. From favorable interest rates and significant incentives to a shrinking supply of new homes, here’s why the current market dynamics favor buyers.

Sharp discounts and exceptional offers

We are witnessing incentives in the marketplace that haven’t been seen in decades. Developers are keen to attract buyers with sharp discounts and exceptional offers. For example, The Grand at Universal City in Pickering is offering a vendor take-back mortgage at an incredible 1.99 per cent for three years. What makes this deal even more attractive is its flexibility – the mortgage is transferable if you need to sell, providing peace of mind and greater financial security.

Moreover, most condo developments today have a four- to five-year closing period. This extended timeline offers buyers a long runway to save for their deposits while locking in properties at today’s lower prices. Many developments are also offering stretched deposit structures, often requiring only five per cent per year over two to four years. This arrangement can ease the financial burden on buyers and provide more flexibility when planning their purchases.

In addition to favorable terms, developers are currently offering substantial discounts on many projects. With sales having slowed recently, there is less new inventory being built, which means fewer options will be available in the coming years. This situation is likely to lead to a classic supply and demand imbalance, driving up prices as the market heats up again.

No better time

Considering all these factors, there truly has never been a better time to buy pre-construction. The combination of falling interest rates, long closing periods, flexible deposit structures and attractive discounts provides a rare window of opportunity for buyers. As inventory tightens and prices begin to climb, those who enter the market now stand to benefit significantly from the rising demand and limited supply.

If you’re contemplating buying a home, particularly a pre-construction property, there is no better time than now. In2ition Realty has a plethora of projects across the GTA, offering incredible deals to match these favorable conditions. Whether you’re looking for a starter home, an investment property, or a luxury upgrade, we have options that cater to every need and budget.

To explore these opportunities, visit in2ition.ca or follow us on social media at @in2itionrealty for the latest updates and insights. Take advantage of the unique conditions and make your move before the market shifts once again.

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