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.
Episode 222: Toronto Real Estate Anxiety, Spring Market, and National Housing Stability
In this episode, we kick off with a sponsor message from Real Approved Inc. and dive into the anxiety surrounding the Toronto real estate market due to U.S. tariffs. We discuss sales, listings, interest rates, and spring market predictions. Political influences, buyer sentiment shifts, new mortgage rules, and national housing stability are explored. We analyze the housing plans of political leadership candidates and the Liberal leadership's impact on interest rates. Finally, we offer insights on the Bank of Canada's economic outlook, future interest rate expectations, and challenges policymakers face amid trade and economic issues.
Key Points
- The tentative recovery in Toronto's real estate market has stalled due to a surge in listings and buyer hesitation, driven by concerns over potential U.S. tariffs on Canadian imports.
- Despite a cumulative fall in interest rates encouraging more sellers to list their homes, the market remains sluggish with prices staying flat month-to-month.
- Economists are divided on future interest rate movements, with some predicting further cuts to counteract tariff impacts, while others foresee sustained or even increased rates depending on economic conditions.
Chapters
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| 0:39 | |
| 1:12 | |
| 2:11 | |
| 2:54 | |
| 3:44 | |
| 4:57 | |
| 6:36 | |
| 8:08 | |
| 9:38 | |
| 11:44 | |
| 13:13 | |
| 15:16 |
Transcript
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