New listings are piling up as investors hit the sell button. There are pressures building in the condo space. A recent rate cut from the Bank of Canada won't change the math for most investors so it's hard to see things improving in a material fashion over the coming months.
Timestamps:
00:00 — Intro
01:47 — Vancouver Market Update
03:19 — Toronto Market Update
05:48 — Condo Investors Exiting, End-Users to Benefit?
11:17 — Current Rental Market Conditions & Anti-Landlord Moves?
29:55 — Average Family Gifts to New Buyers Now Over 100K in Canada
35:18 — Is it Time to Tax Gains on Principal Residences?
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Vancouver & Toronto Real Estate Market Update July 2024
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