How Will an Unexpected Interest Rate Hike Impact Toronto & Vancouver Real Estate? + Who is Investing in Canadian Real Estate? — June Roundtable
06/13/23 • 58 min
It’s that time again - our June roundtable with Steve in Vancouver and John in Toronto.
This month, we talk about the latest numbers for both housing markets and how buyer frustration is building as low levels of listings continue. And, after the pausing of interest rates and even talk of potential cuts, how will the Bank of Canada’s unexpected rate increase impact the market? Also, why building more density is unlikely to solve housing unaffordability problems and a closer look as just who is investing in real estate in Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
Reach out to the show over email at [email protected]
It’s that time again - our June roundtable with Steve in Vancouver and John in Toronto.
This month, we talk about the latest numbers for both housing markets and how buyer frustration is building as low levels of listings continue. And, after the pausing of interest rates and even talk of potential cuts, how will the Bank of Canada’s unexpected rate increase impact the market? Also, why building more density is unlikely to solve housing unaffordability problems and a closer look as just who is investing in real estate in Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
Feedback or Questions? Connect with us on Twitter:
Reach out to the show over email at [email protected]
Previous Episode
Testing Your Agent On Their Negotiation Skills and Other Key Home Buyer Tips
Today’s show is a ‘can’t miss’ for anyone buying or considering buying a home in the Toronto area.
As the Toronto area real estate market enters a new phase of complexity, with home buyers facing more competition from other buyers amidst high home prices and high interest rates, John shares key tips that you should be following to ensure that you are making smart home buying decisions.This episode highlights John’s unique approach to educating residential home buyers as he launches a new, free 1-hour webinar series for home buyers.You can register for John’s free 1-hour on-demand webinar Top 10 Home Buying Strategies to Give You an Edge: https://www.movesmartly.com/top-10-home-buying-strategies
Follow John on Twitter @JohnPasalis or email John at [email protected] Follow Move Smartly on Twitter @MoveSmartly for news or email Move Smartly Editor Urmi Desai at [email protected].Next Episode
Will Ever Rising Interest Rates Cool the Market and Spur Increase in Distressed Sellers? + Your Audience Questions — June Toronto Area Real Estate Market Live Update & Q/A
Today’s episode is our live monthly market update from John. As usual, John shares his latest Toronto Area Real Estate Market Report for June, sharing the latest data and highlighting the key stories you should know. And again this month, John is once again joined by our Move Smartly mortgage expert and broker, David Larock, who explains why the Bank of Canada surprisingly raised rates last week and what it means for the markets and consumers.
As always, Urmi moderates the great questions you are asking in our live chat.
Today's show links:
John's latest market report for June with latest data: https://www.movesmartly.com/monthly-r...
BMO Canada market report: https://economics.bmo.com/en/publicat...
Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/the-reinvigorated-real-estate-sector-compelled-the-bank-of-canada-to-hike
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You can participate in our live sessions or rewatch previous sessions on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly
Sign up for John’s monthly report/update email list: https://www.movesmartly.com/monthly-public-webinar
To book a Home Buyer/Seller Consultation with John Pasalis and Realosophy Realty about your more detailed questions: https://www.movesmartly.com/meetjohn
To send John your own question, email [email protected]
Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: [email protected]If you like this episode you’ll love
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