))
Ep. 17 - New Mortgage Rules, Rate Cuts, and Inflation: What’s Next for the Toronto Real Estate Market?
Manage episode 441454284 series 3577997
Konten disediakan oleh Toronto Realty Group. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Toronto Realty Group atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
In this episode of The Last Honest Realtor podcast, host David Fleming breaks down the latest major announcements impacting the real estate market in Toronto, Canada, and beyond. With sweeping changes to mortgage rules, surprising interest rate cuts, and inflation hitting the Bank of Canada’s 2% target, David takes a deep dive into what this all means for buyers, sellers, and investors as we approach 2024.
David explores the implications of the CMHC’s new mortgage policies, including the increased cap on insured mortgages and extended amortizations, and what these changes could mean for first-time buyers. He also discusses the impact of recent inflation data and interest rate cuts by the US Federal Reserve, providing insights on how these economic factors are setting the stage for what could be an explosive market in the coming months.
If you're curious about how these developments will affect your real estate decisions, or you're looking to get ahead of market trends, this episode offers a thorough and honest analysis of the current landscape.
In This Episode:
- The CMHC’s new mortgage rules: What it means for first-time home buyers
- How recent interest rate cuts could reshape the market in 2024
- Inflation drops to 2%: What’s next for the Bank of Canada?
- Why the market should be jumping (but isn’t)
- David’s predictions for an “insane” spring market next year
Timestamps:
00:00 - Introduction
01:00 - Why today’s episode is different
04:30 - The CMHC changes: 30-year mortgages and increased caps
15:00 - Inflation drops to 2%: A closer look
25:30 - The US Federal Reserve’s unexpected rate cut
35:00 - What these changes mean for the Toronto market
45:00 - Why now could be a prime buying opportunity
Don't Miss:
- David’s take on the market’s current sluggishness
- How extended amortizations can affect your mortgage payments
- Predictions for the real estate market in 2024 and beyond
Subscribe to The Last Honest Realtor on YouTube or your preferred podcast platform. Like, comment, and share your thoughts on the latest market trends—let’s keep the conversation going!
Subscribe and Follow:
Toronto Realty Group Website
Toronto Realty Group YouTube
Toronto Realty Blog Instagram
Toronto Realty Blog Twitter
Toronto Realty Blog Facebook
23 episode
Bagikan
