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.
Ontario Housing Initiatives, Transit Proximity, and Newmarket Market Trends
In this episode, the discussion begins with an introduction to the podcast and a sponsor message from Real Approved Inc. The conversation then shifts to Ontario's new housing initiatives near transit stations, examining both concerns and support for the provincial housing strategies. The episode provides insights into market trends and real estate data specific to Newmarket. The episode concludes with closing remarks and a reminder from the sponsor, Real Approved Inc.
Key Points
- Ontario has approved a plan to allow higher and denser buildings near transit stations in Toronto to increase housing supply.
- Newmarket's real estate market is showing signs of recovery with increased sales and decreased prices, particularly for smaller detached homes.
- The number of active listings in Newmarket has risen, giving buyers more options and leading to a shift away from an investor-focused market.
Chapters
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Transcript
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