This episode explores the Canadian real estate market, focusing on regional disparities and future investment strategies. Against the backdrop of national averages skewed by Ontario and British Columbia's declining house prices, the discussion highlights the varying growth in provinces like Alberta, Saskatchewan, and Newfoundland. More significantly, the conversation addresses housing affordability, influenced by income, interest rates, and house prices, while also considering potential changes to the mortgage stress test. As the discussion pivots to city-specific analyses, Toronto's struggling condo market contrasts with the resilience of detached homes in the 416 area due to upzoning policies. In contrast, Alberta demonstrates strong population growth and responsiveness to demand, leading to plateauing house prices and falling rents, while Montreal maintains stability through consistent rental supply and favorable plex construction. The episode concludes by examining the potential impact of tariffs and trade wars on Canadian housing, emphasizing regional stories and the increasing importance of services in the economy.
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