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.
Ontario Home Price Trends, Economic Insights, and FSRA Updates
In this episode, we start with a warm welcome and a comprehensive market overview. A sponsor message from Real Approved Inc. follows. We then delve into home price trends across Ontario, examining recent economic indicators such as sales, interest rates, CPI, and housing starts. The discussion continues with updates on regulatory changes, focusing on FSRA's new Continuing Education requirements and upcoming webinars. The episode concludes with closing remarks.
Key Points
- Home prices have significantly dropped in several Ontario cities, with Hamilton experiencing the largest decline from over $1.1 million in February 2022 to about $813,000 in 2025.
- The Greater Toronto Area saw a 55.6 percent drop in home sales, while Kitchener-Waterloo experienced a 58.5 percent decrease, highlighting the market's sensitivity to high borrowing costs.
- The Financial Services Regulatory Authority of Ontario has introduced new Continuing Education requirements for mortgage agents and brokers to elevate industry professionalism, with mandatory completion by March 31, 2026.
Chapters
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Transcript
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