Episode 31
GTA Sales Drop, National Housing Affordability, and HELOC Regulatory Changes
Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen
July 30, 202418m 31s
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Show Notes
This episode begins with a welcome and introduction. It provides updates on the real estate market, including a drop in GTA sales, appeals for interest rate cuts, and market shifts in Calgary and Vancouver. Montreal's surge in residential sales and national housing affordability reports are discussed. Insights into Toronto's condominium rental market are shared. The episode includes an analysis of BMO's mortgage arrears and covers recent regulatory changes affecting home equity and HELOCs. The episode concludes with a summary and sign-off.
(0:00) Welcome and episode introduction
(0:20) Real Estate Market Updates: GTA Sales Drop, Interest Rate Cut Appeals, Calgary & Vancouver Market Shifts
(4:36) Montreal's Residential Sales Surge & National Housing Affordability Reports
(5:14) Insights on Toronto's Condominium Rental Market
(8:16) BMO's Mortgage Arrears Analysis
(13:19) Home Equity and HELOC Regulatory Changes
(18:10) Episode conclusion and sign-off