The Canadian real estate market is undergoing rapid changes, raising questions for investors and homeowners alike. With rising inventory levels, declining rental prices, and new financial strategies being deployed by banks, it’s more important than ever to stay informed. For those wondering is investing in Canadian real estate still a
Is Real Estate a Good Investment in Canada? Exploring Market Trends and Challenges The Canadian real estate market has been in a state of flux, with pre-construction developments, multiplex housing, and rental trends creating new challenges for buyers and investors. In a recent analysis, industry expert Steve Saretsky breaks down
Key Political Developments Prime Minister Trudeau’s ResignationTrudeau, described as economically illiterate, is resigning. Trump’s Inauguration A knowledgeable Vancouver real estate agent can help buyers and sellers prepare for potential economic impacts that might arise from these international developments. Economic Implications Capital Gains Tax Discussion Labor Market Overview These labour market
Historical Sales Data Current Market Challenges Pre-Construction Market Insights Rental Market Dynamics Investment Outlook Pre-Construction Sales Forecast The Value of the Vancouver Real Estate Report In a dynamic market like Vancouver’s, staying informed is essential. The Vancouver real estate report provides key insights into sales trends, pricing dynamics, and market
IntroductionPanelists: Steve Saretsky (Vancouver) and John Pasalis (Toronto)Locations: Discussion from Vancouver and Toronto Vancouver Real Estate Market Activity: Vancouver’s real estate market has shown steady activity in the first weeks of January. Sales Figures Comparison: The Vancouver real estate stats indicate a significant shift from the market peak in 2021.
This past week, we’ve seen more twists and turns in Canada’s economic and real estate landscape than most would like to stomach. With political shifts, currency fluctuations, and mortgage pressures, it’s clear we’re entering uncharted territory—and 2025 isn’t waiting to ease us in gently. Political Shake-Ups Add to Uncertainty First
Happy Monday Morning! As expected, the Bank of Canada held interest rates at 5% for the second consecutive time. BoC’s Macklem flagged everything we’ve been highlighting in this newsletter for several months now. Weaker economic growth and a recent surge in global bond yields is doing most of the tightening
Happy Monday Morning! At the beginning of the year I was part of a real estate pannel with REW on the state of the Vancouver housing market. On stage, in front of a live audience, the moderator asked me for my forecast for 2023. I promplty noted at the time that “we’re
Happy Monday Morning! The housing crisis in this country gets a lot of attention, as it should. Fixing it, however, is proving to be rather difficult. Over the past several years we have attempted to beat demand over the head with a blunt instrument. The list of policy measures include,
Happy Monday Morning! Headline inflation ripped higher than expected this week, jumping back up to 4% for the month of August. It turns out Chrystia Freeland’s premature victory lap marked the bottom back in June. There’s a lesson here in base effects, you’d think her economics team would have tapped
Happy Monday Morning! Over the past several months we’ve been highlighting the marked slowdown in residential building permits, a leading indicator of future supply. This is what happens when the cost of capital doubles, and in some cases, triples. This is a disaster in the making for a federal government
Happy Monday Morning! The Bank of Canada moved to the sidelines once again, appeasing premiers in BC & Ontario who publicly pleaded with the BoC last week. It’s no secret these two provinces have the most to lose, their coffers largely built on a highly levered housing market, but we’ll
