Latest / The Flow: Real Estate and Money Show
The Truth About Canadian Real Estate So Far in 2024 -E41
Alex McFadyen (The Mortgage Pug) delves into the Canadian real estate and lending markets' events in the first half of 2024 (January-June). Alex covers interest rate changes by the Bank of Canada, shifts in the bond market, and their impacts on fixed and variable rate mortgages. The discussion also includes the surge in property listings, trends among first-time homebuyers, and the challenges faced by sellers, particularly baby boomers. Additionally, the episode addresses new governmental policies like zoning bylaw changes, restrictions on short-term rentals, and capital gains tax…
The skinny
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