Join real estate analyst Daniel Foch for the latest monthly market call, presented in partnership with Real Estate Magazine. In this in-depth session, Daniel analyzes the key developments shaping the Canadian housing market, rental landscape and economic environment.
This month’s discussion includes:
- Mortgage renewals are expected to peak next year, causing financial pressure for many borrowers
- Vacancy rates are rising nationally, putting pressure on investors’ cash flows
- Rents are falling in several markets, improving rent affordability
- Canadian household debt has reached record levels
- The purpose-built rental structures are located on historic heights
- CMHC MLI Select has shifted construction risk and increased exposure to banks
- Building permits remain high, creating significant pent-up supply
- High interest rates are the biggest barrier to the development of new rental properties
- Developers are postponing apartment closings due to weak buyer capacity
- Population growth is slowing, especially among international students
- Markets associated with post-secondary institutions are seeing the largest vacancy increases
Whether you are a real estate agent, an investor or an industry observer, this session provides data-driven insights to help you navigate the changing Canadian real estate landscape.
Watch the replay below!
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