Ontario Mortgage & Real Estate Insights Podcast
We cover the daily developments, trends, and regulatory changes affecting the industry, powered by an AI Steve Hamoen. Get insights sourced from reputable news outlets to help you stay informed and make well-informed decisions.
Episode 146: BoC Rate Decisions, High Interest Impact, and RE/MAX 2025 Housing Outlook
In this episode, we kick off with an introduction and sponsor mention, then explore the Bank of Canada's interest rate decisions and their impact on economic stability. We analyze the real estate market's response to high interest rates, followed by a look at challenges in the rental market and strategies for investors. The episode covers new mortgage qualifying rate regulations and broker strategies to navigate market competition. We review RE/MAX Canada's 2025 housing market outlook and provide an analysis of the Toronto condominium market. We also discuss legal developments in Quebec title insurance. The episode concludes with closing remarks and a sponsor reminder.
Key Points
- Interest rate fluctuations have significantly impacted Ontario's real estate market, affecting home sales, mortgage affordability, and rental prices.
- The removal of the stress test requirement for uninsured mortgage renewals is expected to increase competition among lenders and offer more options for borrowers.
- RE/MAX Canada's forecast for 2025 predicts a rise in home prices and sales activity across Ontario, driven by lower mortgage rates and new 30-year amortizations.
Chapters
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| 0:38 | |
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| 3:11 | |
| 4:27 | |
| 6:16 | |
| 7:08 | |
| 10:35 | |
| 12:41 | |
| 16:16 |
Transcript
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