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.
GTA Housing Update, Rental Trends, and Affordable Housing Solutions
In this episode, the conversation begins with an introduction to the episode, followed by a sponsor message from Real Approved Inc. The discussion then delves into insights on funding for co-op and non-profit housing. A comprehensive update on the Greater Toronto Area housing market is provided, highlighting the roles of public and private sectors in affordable housing. The episode examines rental market trends in urban centers and covers recent real estate developments and legal updates. Attention shifts to the impact of currency markets on real estate and mortgages. The episode concludes with closing remarks and a sponsor reminder.
Key Points
- A report from the United Way Greater Toronto and the Co-operative Housing Federation of Canada calls for $62.6 billion in investment by 2030 to scale up co-op and non-profit housing in Ontario.
- Recent data from the Royal Bank of Canada indicates that rental prices are finally easing in more than half of the country's major urban centers, providing much-needed relief for tenants.
- A major bankruptcy process in northern Ontario has led to a massive selloff of residential properties, with 54 out of the initial 407 properties still awaiting sale, highlighting the widespread impact of financial troubles on local communities.
Chapters
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| 0:20 | |
| 0:39 | |
| 1:54 | |
| 3:01 | |
| 3:35 | |
| 5:40 | |
| 8:42 | |
| 10:59 |
Transcript
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