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.
First-Time Homebuyers, Toronto Condos, and Peterborough Housing Investments
The episode kicks off with a welcome and introduction, followed by a sponsor message from Real Approved Inc. The discussion delves into trends affecting first-time homebuyers, including economic impacts and the role of family assistance. Toronto's preconstruction condo market is analyzed, highlighting recent developments. Attention shifts to trends in the private and alternative lending sector. Insights from Tiff Macklem on recent fiscal reforms are shared, offering a broader economic perspective. The episode also explores investments in affordable housing in Peterborough. It wraps up with closing remarks and a sponsor reminder.
Key Points
- First-time homebuyers are cautiously entering the market, leveraging thorough research and family support to navigate declining prices and economic uncertainty.
- Despite a downturn in preconstruction condo sales, structural shortages and immigration trends suggest that demand will eventually recover, highlighting the resilience of the housing market.
- Private lending is gaining traction as traditional banks tighten their mortgage offerings, with borrowers increasingly seeking flexibility and longer-term solutions amidst economic challenges.
Chapters
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| 0:23 | |
| 0:41 | |
| 4:00 | |
| 7:11 | |
| 9:21 | |
| 12:28 | |
| 15:30 |
Transcript
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