
Episode 212: Winter Real Estate Insights, Market Strategies, and Economic Trends in Ontario
In this episode, we kick off with a sponsor mention before diving into the latest Canadian real estate and economic trends. We provide an update on the Bank of Canada's monetary policy and its implications. The episode covers current developments in the Ontario real estate market, featuring insights from Michelle Kam on navigating the winter real estate landscape. Strategies for sellers and buyers during the winter market are discussed, along with tips on preparing for the upcoming spring real estate season. The episode wraps up with concluding thoughts and a reminder of our sponsor.
Key Points
- Cracking down on money laundering in Canada could have a significant economic impact, similar to the potential effects of a 25% tariff imposed by the United States.
- The Bank of Canada has cut its key policy rate and ended quantitative tightening earlier than expected, raising concerns about the tools available to tackle future economic downturns.
- Ontario's real estate market is undergoing a notable correction, with prices dropping by 20.7%, the most substantial decline across Canadian provinces.
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Transcript
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