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.
Canadian Mortgage Trends, Inflation Updates, and Real Estate Market Insights
In this episode, Steve Hamoen kicks off with an introduction, followed by a sponsor message from Real Approved Inc. We explore the surge in Canadian mortgage debt and the implications of the Bank of Canada's policy rate amid ongoing inflation concerns. The episode provides an update on changes to the Consumer Price Index basket and analyzes real estate market trends, focusing on condo sales and single-family home prices. Additionally, we discuss Canada's population growth forecast and its potential impact on the housing market. The episode concludes with closing remarks and a sponsor reminder from Real Approved Inc.
Key Points
- Canadian households took on nine point one billion dollars in new mortgage debt in April, reflecting a strong pursuit of homeownership despite economic challenges.
- The Bank of Canada decided to hold its policy rate steady in June, balancing concerns over persistent inflation with the need for economic stability amid trade uncertainties.
- Canada's population growth slowed significantly in the first quarter of 2025, largely due to federal efforts to reduce temporary and permanent immigration, impacting housing demand and economic dynamics.
Chapters
| 0:00 | |
| 0:19 | |
| 0:38 | |
| 3:09 | |
| 6:34 | |
| 9:45 | |
| 16:30 | |
| 19:11 |
Transcript
Loading transcript...
- / -