• #0037 - Rising Values, New Mortgage Rules, and Borrower Relief

  • Sep 29 2024
  • Length: 10 mins
  • Podcast

#0037 - Rising Values, New Mortgage Rules, and Borrower Relief

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  • Summary

  • In this episode of The Last Week in Real Estate, host Kai Tan unpacks the latest in Toronto’s shifting housing market. With three consecutive interest rate cuts, new borrower relief from stress tests, and mortgage rule changes set to take effect, there’s renewed excitement among buyers. However, challenges remain, particularly for first-time homebuyers who are still priced out of the market. Kai dives into the effects of renovation trends, bureaucratic red tape, and the evolving economic landscape, questioning whether Toronto’s real estate market is heading for a surge or a potential bubble. For more updates, visit www.tanteam.com.
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