
Ontario Housing Trends, FSRA Warning, and Cottage Market Update
In this episode, we start with an introduction and welcome, followed by a sponsor message from Real Approved Inc. We provide an overview of the weekly economic calendar and discuss housing market trends, including starts, permits, and sales. We highlight a warning from the Financial Services Regulatory Authority of Ontario and explore federal insights on mortgage holders and debt. The episode includes an analysis of an Ontario home buying sentiment poll and an update on the Ontario cottage market. We conclude with a wrap-up and another sponsor message from Real Approved Inc.
Key Points
- Housing starts and building permits data this week will provide crucial insights into current construction trends amid higher mortgage rates.
- The Financial Services Regulatory Authority of Ontario is warning consumers about unlicensed mortgage entities, emphasizing the importance of verifying credentials to avoid fraud.
- A recent federal report highlights that many Canadian mortgage holders are struggling with debt due to rising interest rates, underscoring the need for proactive communication with lenders and seeking financial advice.
Chapters
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0:20 | |
0:38 | |
0:54 | |
3:12 | |
6:25 | |
8:50 | |
11:27 | |
13:58 | |
14:40 |
Transcript
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