How BAD Is the Real Estate Market. Power of Sale Explosion
Why It Matters
The jump in demand signals accelerating recovery in luxury pre-construction condos, which could boost pricing power for developers and spur more marketing and sales activity across markets. If listings remain constrained while buyer interest grows, sellers and builders stand to benefit from tighter supply-demand dynamics.
Summary
Hosts of a real estate podcast report a sharp uptick in activity for their One Thelma condo project this week, citing a landslide of new leads, website traffic and sales-centre visits after a lull. They attribute the surge to seasonal buying behavior, improved marketing (new drone footage and interviews) and renewed buyer willingness to consider high-end, pre-construction purchases. The hosts note broader market signals—listings are down year-over-year while sales are rising—suggesting renewed momentum beyond just their development. They emphasize this week as the busiest by multiple factors and are prioritizing sales meetings over regular programming.
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