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.
Trade Wars, Rate Cuts, and Ontario's Real Estate Outlook
In this episode, we begin with a welcome and introduction, followed by a sponsor message from Real Approved Inc. We delve into the new trade war era and the impact of US tariffs on Canadian real estate. The discussion shifts to the economic repercussions and Scotiabank's perspectives on potential rate cuts. We explore market trends, recession risks, and interest rate implications, particularly in the Greater Toronto Area. RBC's housing market outlook and declining confidence are examined, alongside the Bank of Canada's challenges with inflation and interest rate policies. The episode also includes a local real estate update and analysis for King, Ontario, before concluding with closing remarks.
Key Points
- Trade tensions with the United States have led to a significant drop in home sales and prices in the Greater Toronto Area.
- The Bank of Canada faces a delicate balancing act between supporting the economy and controlling inflation amid rising tariffs and supply chain disruptions.
- King, Ontario's real estate market is experiencing significant volatility, with notable month-over-month and year-over-year changes in home prices and sales activity.
Chapters
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| 0:21 | |
| 0:40 | |
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| 2:06 | |
| 3:12 | |
| 4:57 | |
| 6:15 | |
| 9:04 |
Transcript
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