Episode 105: 2024-2025 Housing Forecast, New Mortgage Rules, and Expert Insights with Clay Jarvis

In this episode, we welcome listeners back and provide updates from the Canadian Real Estate Association, including a revised housing market forecast for 2024-2025. We discuss the impacts of interest rates on real estate momentum, featuring expert insights from Clay Jarvis of NerdWallet Canada. The episode covers the federal government's new mortgage rule changes, adjustments to mortgage amortization, and the insured mortgage cap. We introduce a refinancing program for secondary suites and examine September's rebound in Canadian housing starts. We also explore evolving regulations for mortgage brokers and anti-money laundering efforts in real estate. The episode concludes with closing remarks and a preview of upcoming episodes.