
#0049 - Breaking Point or Breakthrough? Canada's Real Estate Market Transformation
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About this listen
In this week's episode of The Last Week in Real Estate, we dive deep into the transformative changes reshaping Canada's housing market. From the Bank of Canada's fifth consecutive rate cut bringing rates to 3.25%, to groundbreaking changes in mortgage rules raising the insured cap to $1.5 million, December 2024 is proving to be a pivotal moment for real estate. We explore the 26% surge in November home sales, analyze the contrasting trends in new construction, and examine the rental market's biggest supply increase in three decades. Visit www.tanteam.com for more detailed analysis and market insights that can help you navigate these changing conditions.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.