Episode 238
Ontario's Condo Market and Rising Mortgage Delinquencies
Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen
March 1, 202512m 35s
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Show Notes
In this episode, we begin with a welcome and introduction. We discuss the current state of economic growth and the potential response from the Bank of Canada. The conversation turns to Toronto's condo market, highlighting challenges and appraisal issues. We address the rising mortgage delinquency rates in Ontario and explore how developers are now targeting end-user buyers in Toronto. We feature a home of the week from West Vancouver and preview an upcoming housing announcement in Georgina. The episode concludes with insights into the best months for home sales trends in the Greater Toronto Area.
(0:00) Welcome and introduction
(0:39) Economic growth and Bank of Canada's potential response
(2:21) Toronto's condo market: Challenges and appraisal issues
(5:43) Rising mortgage delinquency rates in Ontario
(6:41) Developers targeting end-user buyers in Toronto
(7:36) Home of the week: West Vancouver feature
(8:25) Housing announcement preview in Georgina
(10:13) Best months for GTA home sales trends