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Canadian Mortgage Consumer Trends in 2024 - E35
Today’s episode of the Flow, Alex takes us on a deep analysis of the current Canadian real estate market, focusing specifically on CMHC's Mortgage Consumer Trends report for 2024. It discusses how the market environment, including government rule changes and tax guidelines, is influencing potential homebuyers and investors, and shares valuable statistics that could surprise many, from realtors to general consumers. Highlighting a shift in sentiment among homebuyers towards pessimism about their purchasing potential, the discussion delves into common sentiments of inaccessibility within the…
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