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Mission impossible: Real estate

Mission impossible: Real estate

This Matters

August 31, 202317m 38s

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Show Notes

Guest: Clarrie Feinstein, real estate reporter

Real estate is becoming mission impossible in Canada. With interest rates holding high, there is less demand for properties on the market and an increasing number of mortgages are going into default. Property investors aren't making money and struggling to sell as homebuilders are cancelling projects. Something has to give. As the Star's real estate reporter Clarrie Feinstein shares, all eyes are on the Bank of Canada to cut rates in 2024.

This episode was produced by Brian Bradley and Sean Pattendon.