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.
RECO Actions, Bond Market Trends, and Hamilton Real Estate Opportunities
In this episode, the welcome and introduction is followed by a sponsor message from Real Approved Inc. We discuss RECO's intervention in the financial issues faced by iPro Realty Limited. The episode includes an analysis of the Canadian bond market and government bond yields, exploring the economic implications of Canada's debt and tariff policies. A focus on the real estate market highlights opportunities in Hamilton. The episode concludes with closing remarks and a reminder of our sponsor.
Key Points
- RECO has frozen iPro Realty Limited's accounts due to significant shortfalls in consumer deposit and commission trust accounts.
- The Canadian 10-year government bond yield has climbed above 3.47% due to stronger U.S. inflation data and activity, affecting long-term real rates and inflation expectations.
- Hamilton's real estate market currently offers several affordable home options, with prices dipping significantly since February 2022, presenting opportunities for potential buyers.
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Transcript
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