312: Canadian Real Estate To Fall Double-Digits, Or “I Would Be Shocked”

Interest Rates, Home Prices, Stress Test, the Greenbelt, Rent Rates, today we cover it all. REALiTY+ is the only real estate conference in Canada offering special access to the biggest industry leaders from across the globe.    Get ahead of the competition and learn about cutting edge sales techniques, disruptive real estate technology and the future of Canada’s housing market.     Your ticket includes….  1. Over 30+ speakers spread across two exciting days of sessions at the beautiful Exhibition Grounds.  2. Free access to our REALiTY+ tradeshow featuring 40+ start-ups, vendors, and organizations that can help you grow your business. These include some of the top PropTech companies, platforms, top brokerages, and more.  3. Panel discussions and fireside chats about the emerging industry trends that will shape the future of the real estate market and how you work.    More than 30 speakers spread across two exciting days are scheduled to take the stage, including:    Bill Clinton, 42nd President of the United States Lisa LaFlamme,  Canadian journalism icon David Goggins, retired Navy SEAL and widely known as the toughest athlete on earth  Simu Liu, star of Marvel’s Shang-Chi and the Legend of the Ten Rings and Kim’s Convenience  Christine Quinn, REALTOR®, reality TV star, and business mogul from Selling Sunset  Bozoma Saint John, Hall of Fame Marketing Executive, author, entrepreneur, and former Chief Marketing Officer at Netflix  Platon, award-winning photographer    Grab your REALiTY+ Conference for Nov 22 & 23rd here:    https://realityconference.ca/  https://realityconference.ca/registration-page/   This conference is open to both REALTORS® and the public/investors.

Is the Bad News in the Housing Market CURRENT, or OLD NEWS? What’s the Real Story in the GTA right now? Which GTA housing segment has me the most excited in the next 3-6 months? Articles Referenced in this Episode: https://www.blogto.com/real-estate-toronto/2022/09/home-prices-around-toronto-expected-fall-as-much-risen/ https://www.theglobeandmail.com/business/article-canada-home-sales-real-estate-august/ https://www.movesmartly.com/monthly-report-september-2022

Have we Reached the Bottom on Prices? Is the Recent 0.75% Increase the Last Our Market will See? Why is Rent Increasing So Quickly? Articles Referenced in this Episode: https://globalnews.ca/news/9102198/toronto-home-sales-august-2022-real-estate/ https://www.bankofcanada.ca/2022/09/fad-press-release-2022-09-07/ https://renx.ca/rising-interest-rates-deepen-canada-rental-housing-crisis-tal/ https://torontosun.com/opinion/columnists/lackie-rental-costs-rising-in-the-midst-of-housing-crisis

Big Post-COVID Changes Just Up Ahead   Welcome to the home of all things Toronto Real Estate.    Our guest today is Tony Irwin, President & CEO of the Federation of Rental-Housing Providers of Ontario (FRPO). With 2,200 members, FRPO is the leading advocate for quality rental housing in Ontario. Before joining FRPO, Tony was President & CEO of the Canadian Consumer Finance Association; a national trade association representing businesses that provide a range of financial products to Canadians. Prior to his posting at CCFA, Tony held progressively senior roles in the financial services and insurance sectors. From 2005-2009 Tony served as Executive Director of the Justin Eves Foundation, a non-profit organization granting scholarships and bursaries to learning-disabled and disadvantaged young people to assist them to achieve a post-secondary education. Tony has also held key political roles and was Senior Advisor to an Ontario Premier and Executive Assistant to the Leader of the Official Opposition.   You can reach Tony Irwin at:   website:  https://frpo.org/ Facebook:  https://www.facebook.com/frpo.org/ Instagram:  https://www.instagram.com/frpofacts/ Twitter:  https://twitter.com/FRPOFACTS LinkedIn:  https://www.linkedin.com/company/federation-of-rental-housing-providers-of-ontario-frpo  This podcast has GTA market updates and investing tips for new and experienced investors.  Bradley is the founder of Watson Estates, an investor and real estate broker in Canada’s greatest city.  This isn't advice, just our honest analysis of the market.    To connect with us visit www.linktr.ee/WatsonEstates   Yours in Real Estate,  Bradley Watson  Broker at Sutton Group - Summit Realty Inc. , Brokerage.   Phone: 647-206-9554 Email: [email protected]

What the hell is happening with our market right now? How will the July interest rate hike impact the market? Which real estate companies are taking the biggest beating in 2022? Articles Referenced in this Episode: https://www.movesmartly.com/monthly-report-june-2022 https://thedalesreport.com/trends/toronto-housing-crash-up-to-36-in-some-gta-suburbs-since-february-2022/ https://www.blogto.com/real-estate-toronto/2022/06/home-prices-expected-plummet-across-ontario-toronto-red-hot/ https://www.cbc.ca/news/business/homeowners-interest-rate-survey-1.6487137 https://financialpost.com/executive/executive-summary/posthaste-chances-of-75-basis-point-rate-hike-from-the-bank-of-canada-just-went-up https://www.theglobeandmail.com/business/article-private-mortgage-lender-magenta-suspends-new-loan-applications-until/

Learn how top investors have been levelling up their Toronto portfolio this year liv.rent was created with two main goals in mind: building a trusted rental community to improve tenant-landlord relationships and creating a platform to eliminate the stress and uncertainty of renting. Through our platform and channels, we hope to help our community navigate through the rental process. Equipped with all the features you need to rent successfully, liv.rent allows both renters and landlords to complete the entire rental process all in one place. Verified listings, digital applications & contracts, as well as our secure digital filing cabinet make renting easy and secure for you. How to reach liv.rent: Website: https://link.liv.rent/bradley Facebook: https://www.facebook.com/liv.rent/ Instagram: https://www.instagram.com/liv.rent/ LinkedIn: https://www.linkedin.com/company/livrent/ Twitter: https://twitter.com/liv_rent *Include as a YouTube Pinned Comment: https://link.liv.rent/bradleywatson Receive GTA Off-Market Deals & Passive Small to Mid-Size Apartments Deals Across Canada Right Now! Click Here to Sign Up absolutely FREE: https://pages.watsonestates.ca/ Find Us: www.linktr.ee/WatsonEstates  This is not advice, just our analysis of the market. If you enjoyed the video consider subscribing. We always love to hear feedback and comments. Tell us what you think!

Economist Expectations for the Second Half of 2022 Are Toronto Rental Rates Increasing Faster Than Expected? What Are Economists Expecting Prices to Do in The Second Half of 2022 ? Could Canada’s Debt Be What Saves the Toronto Market? Articles Referenced in this Episode: https://www.blogto.com/real-estate-toronto/2021/12/toronto-rent-prices-expected-rise-next-year/ https://www.blogto.com/real-estate-toronto/2022/05/costs-more-2300-month-rent-average-toronto-apartment/ https://betterdwelling.com/canadian-real-estate-to-fall-double-digits-or-i-would-be-shocked-bmo-director/ https://www.cp24.com/news/bank-of-canada-expected-to-jack-up-interest-rates-as-inflation-persists-1.5924634 https://www.theglobeandmail.com/opinion/editorials/article-warning-canadians-are-house-rich-but-heavily-in-debt/

As seen in the 2023 federal government budget, we share the deets!   Welcome to the home of all things Toronto Real Estate.    Renee Sylvestre-Williams is a finance and business writer. In her more than 15 years of journalism, her work has been published in the Globe and Mail, Flare, Canadian Living, MoneySense, Wealthsimple and Forbes. She also publishes a biweekly newsletter, The Budgette,  where she provides financial education for single earners. (https://budgette.substack.com/)   Receive GTA Off-Market Deals & Passive Small to Mid-Size Apartments Deals Across Canada Right Now!  Click Here to Sign Up absolutely FREE: https://pages.watsonestates.ca/   How to reach Renee Sylvestre-Williams:   [email protected]  Instagram = https://www.instagram.com/thebudgetteofficial/  This podcast has GTA market updates and investing tips for new and experienced investors. Bradley is the founder of Watson Estates, investor and real estate broker in Canada’s greatest city. This isn't advice, just our honest analysis of the market.    To connect with us visit www.linktr.ee/WatsonEstates   Yours in Real Estate, Bradley Watson  Broker at Sutton Group - Summit Realty Inc., Brokerage.   Phone: 647-206-9554  Email: [email protected]

Questions to Ask Yourself & More An experienced real estate investor for more than 15 years, Elizabeth Kelly has a passion for helping people achieve their financial dreams through the purchase of investment properties.  Elizabeth specializes in the acquisition and management of Rent to Own and multi-unit residential properties. In 2019, she opened Elizabeth Kelly Consulting and Coaching to assist both new and experienced investors in planning, structuring and creatively financing their real estate portfolio so they can enjoy early retirement and leave a legacy for their families. How to reach Elizabeth Kelly: Email: [email protected] Facebook = Elizabeth Kelly Consulting and Coaching Instagram = @elizabethkellyconsulting Website: www.ekconsulting.ca Receive GTA Off-Market Deals & Passive Small to Mid-Size Apartments Deals Across Canada Right Now! Click Here to Sign Up absolutely FREE: https://pages.watsonestates.ca Find Us: www.linktr.ee/WatsonEstates This is not advice, just our analysis of the market. If you enjoyed the video consider subscribing. We always love to hear feedback and comments. Tell us what you think!

Let’s Talk Escape Clauses, Politics & Bank of Canada How do I craft a bid in Canada’s cooling housing market? What are the Ontario Party Platforms for Housing Affordability? Does the Bank of Canada Consider the Housing Market in its Interest Rate Trajectory? Articles Referenced in this Episode: https://globalnews.ca/news/8833692/canada-housing-prices-bidding-offers/ https://globalnews.ca/news/8693181/canada-housing-affordability-inflation/ https://www.theglobeandmail.com/canada/article-ontario-2022-election-platform-guide/ https://www.theglobeandmail.com/business/article-interest-rate-trajectory-will-depend-heavily-on-housing-market-boc/?utm_source=dlvr.it&utm_medium=twitter https://www.theglobeandmail.com/business/article-osfi-says-it-may-tweak-mortgage-stress-test-as-interest-rates-climb/