Episode 153: GTA Home Sales Post-Rate Cut, BoC Predictions, and Rising Mortgage Delinquencies

Ontario Mortgage & Real Estate Insights Podcast

In this episode, we begin with an introduction and a sponsor message by Real Approved Inc. We then explore Greater Toronto Area home sales and market trends following a recent rate cut. The discussion turns to the Bank of Canada's upcoming key lending rate announcement, with expert predictions on its potential impact. We examine how mortgage renewals and interest rates are influencing the market and address concerns over rising mortgage delinquency rates. The episode also highlights RESCON's findings on new home costs and taxation. We delve into FSRA's enforcement actions and its role in financial services. The episode concludes with closing remarks and a sponsor reminder by Real Approved Inc. (0:00) Introduction and sponsor message by Real Approved Inc. (0:38) Greater Toronto Area home sales and market trends post-rate cut (2:34) Bank of Canada's upcoming key lending rate announcement and expert predictions (4:47) Impact of mortgage renewals and interest rates on the market (5:46) Concerns over rising mortgage delinquency rates (6:58) RESCON's findings on new home costs and taxation (10:27) FSRA's enforcement actions and role in financial services (12:40) Closing remarks and sponsor reminder by Real Approved Inc.