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.
CMHC Housing Supply Gaps, Regional Trends, and Simcoe County Market Insights
In this episode, we begin with a welcome and a sponsor message from Real Approved Incorporated. We delve into CMHC's latest report on housing supply gaps, examining the pace of home construction and regional differences in supply and affordability. The episode covers CMHC's Annual Report for 2024, highlighting strategies and commitments to sustainability. We also explore real estate market trends specific to Simcoe County. The episode concludes with closing remarks and a sponsor reminder.
Key Points
- Canada needs to build up to 4.8 million new homes over the next decade to restore housing affordability, according to the latest CMHC report.
- Despite stable mortgage rates, home affordability worsened in eight out of thirteen major Canadian cities in May due to rising home prices.
- The real estate market in Simcoe County remains stable with increased inventory, providing more opportunities for buyers and a balanced environment for both buyers and sellers.
Chapters
| 0:00 | |
| 0:20 | |
| 0:38 | |
| 2:16 | |
| 5:31 | |
| 8:05 | |
| 11:16 |
Transcript
Loading transcript...
- / -