The Last Honest Realtor
Welcome to The Last Honest Realtor, your exclusive, behind-the-scenes pass to the twists and turns of the Toronto real estate market. Hosted by David Fleming of Toronto Realty Group, this podcast offers an unprecedented look behind the curtain, presenting the local real estate scene with a mix of unapologetic honesty and entertaining cynicism.
David doesn’t just talk real estate—he lives it. With years of experience under his belt, he's here to share the unvarnished truth about what it really takes to buy or sell in Toronto. From the big wins to the frustrating pitfalls, get ready for a behind-the-scenes journey that promises both information and entertainment.
Whether you’re a first-time homebuyer, a seasoned investor, or just a real estate enthusiast, David's insights will equip you with the knowledge you need to navigate the market. Expect practical advice on everything from staging and junk removal to listing and making the sale.
Tune in to The Last Honest Realtor and experience Toronto real estate like never before. Be informed, be entertained, and most importantly, be ready to see the industry through the eyes of someone who can handle any challenge the market throws his way.
The Last Honest Realtor
Ep. 64 - Crash, Correction, or Recovery: A 2026 Toronto Real Estate Discussion
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In this episode of The Last Honest Realtor, David Fleming breaks down some of the most overused and misunderstood words in real estate: crash, correction, fluctuation, and recovery. Using real Toronto-area data, historical context, and recent media headlines, David explains why sensational language often misses the mark and what actually qualifies as a market crash.
From price declines versus sales collapses, to the unprecedented boom during the pandemic and the fallout in the pre-construction condo market, this episode offers a clear, data-driven framework for understanding where the market has been and where it may be headed next.
In This Episode:
00:00 – Intro
02:14 – Why Everyone Uses the Word “Crash”
08:57 – Why Percentages and Time Matter
09:35 – Defining Crash vs. Correction
10:22 – The Missing Piece: Recovery
18:26 – The One Area That Actually Crashed: New Condo Sales
21:15 – What a Recovery Actually Means
30:46 – How Condo Development Will Be Financed in the Future
38:13 – January 2026 TREBB Data Overview
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