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Exploring Canada's housing market: interest rates, affordability, and future solutions
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This episode delves into the Canadian dollar and interest rate expectations, the impact of rate cuts on Ontario's real estate market, and housing affordability trends. It also covers potential political measures, increasing housing supply, the mortgage and employment landscape, financial assistance for first-time buyers, and upcoming property tax rate changes for 2024. (0:00) Welcome and episode overview (0:29) Canadian dollar and interest rate expectations (2:45) Impact of interest rate cuts on the Ontario real estate market (5:53) Housing affordability trends in Canada (8:08) Potential political measures affecting housing affordability (10:00) Increasing housing supply as a long-term solution (10:33) Canadian mortgage and employment landscape (13:17) Financial assistance trends among first-time homebuyers (15:10) Property tax rate changes across Canada in 2024
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