Economic Update: Capitalizing on the Current Real Estate Market
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In this episode of The Hidden Upside Podcast I provide an in-depth Economic Update exploring the ongoing balancing act by the Bank of Canada and the Federal Reserve as they strive to address economic instability without causing unsustainable growth in the real estate market.
I discuss key performance indicators (KPIs) like unemployment, foreclosures, GDP, and mortgage renewals, emphasizing their impact on rate drops and policy changes.
The podcast also explores recent policy updates including CMHC's changes to support first-time homebuyers, new guidelines on mortgage renewals, and the impacts of immigration trends on housing.
The episode concludes with actionable insights for buyers and sellers and strategic recommendations for both residential and investment clients.
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