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 213: Ontario Property Tax Reassessments, Bond Yields, and Real Estate Investment Insights
In this episode, we start with a sponsor message from Real Approved Inc. and explore Ontario's property tax assessment delays, featuring MPAC's response and insights from Barrie and Tiny Township. We discuss Collingwood's motion on reassessments, changes in Canadian bond yields, and predictions on lender rate cuts. Hear about the economic impact of U.S. tariffs and the Bank of Canada's policy report. Economists from BMO and National Bank share views on inflation and rate cut forecasts. We analyze the effects of the 2022 real estate bubble and stress cautious investment practices. The episode concludes with closing remarks and a sponsor message from Real Approved Inc.
Key Points
- Ontario properties haven't been reassessed for property tax calculations since 2016, potentially leading to significant tax increases when assessments resume.
- The Canadian five-year bond yield has dropped to its lowest point since June 2022, driven by new economic uncertainties and global trade tensions.
- A real estate transaction in Oshawa highlighted the volatility of the housing market, with a property selling at a $510,000 loss within three years of its previous sale.
Chapters
| 0:00 | |
| 0:38 | |
| 2:22 | |
| 3:16 | |
| 3:42 | |
| 5:02 | |
| 6:38 | |
| 7:25 | |
| 9:09 | |
| 9:27 |
Transcript
Loading transcript...
- / -