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.
Toronto Power of Sale, Housing Trends, and OSFI's Risk Outlook
Explore power of sale listings and negotiation strategies in Toronto before delving into Canadian housing market trends and affordability issues. Gain regulatory insights with OSFI's economic risk outlook and anticipate the Bank of Canada's upcoming rate decisions. Discuss the latest employment figures and their impact on real estate, followed by an analysis of home price trends in the Halton Region. The episode concludes with a mention of the sponsor, Real Approved.
Key Points
- Power of sale listings in Toronto are on the rise, but buyers should be cautious as these properties are sold "as-is" and must be priced at fair market value.
- The Canadian housing market shows mixed signals, with Toronto seeing a rebound in home sales while Vancouver and Calgary lean more towards a buyer's market due to higher inventory and lower prices.
- OSFI's fall outlook highlights risks like rising delinquencies and a weakening condo market, but also underscores the resilience of Canadian lenders in navigating economic uncertainties.
Chapters
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Transcript
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