Latest / The Flow: Real Estate and Money Show
Has Canadian Real Estate Hit the Bottom in 2024? -E49
Alex McFadyen from Flow Mortgage Co. delves into the economic challenges In Canada (and the U.S.), highlighting the implications of inflation, job losses, and wage cuts on interest rates. The discussion centers on how the declining rates impact mortgage products, with practical advice for consumers on making informed decisions. Alex emphasizes the importance of keeping a flexible strategy in an ever-changing market, pointing out recent trends in real estate prices, particularly the rebound in detached homes. He also discusses the expected rate cuts by the Bank of Canada and their potential…
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