Ontario Mortgage & Real Estate Insights Podcast
We cover the daily developments, trends, and regulatory changes affecting the industry, powered by an AI Steve Hamoen. Get insights sourced from reputable news outlets to help you stay informed and make well-informed decisions.
Canada's Housing Strategy, Toronto Listings, and Ontario Teachers' Financials
In this episode, we begin with a welcome and introduction to current housing initiatives, followed by a sponsor message from Real Approved Inc. We then discuss the government's commitment to affordable housing through Canada's National Housing Strategy. The conversation shifts to affordable properties listed in Toronto, providing insights into the current market. We also review the financial performance of the Ontario Teachers' Pension Plan, highlighting its impacts on the housing sector. The episode concludes with closing remarks and a reminder from our sponsor, Real Approved Inc.
Key Points
- The Government of Canada has awarded nearly $74 million to 27 communities under the Housing Accelerator Fund to fast-track the construction of new homes.
- Toronto's real estate market still offers properties listed for under $400,000, showing that affordable options are available with the right research.
- The Ontario Teachers' Pension Plan experienced solid financial growth in 2024, but their real estate holdings negatively impacted overall performance, highlighting the importance of diversification.
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Transcript
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