Episode Details
Back to Episodes
The Biggest Risk In Canada's Economy Right Now
Episode 218
Published 1 year, 5 months ago
Description
The condo market, which is clearly in recessionary territory, has conditions deteriorating to levels not seen in decades. What makes the situation more challenging is the role of investors in the presale market, which have made up to 70% or more of buyers.
- Challenges for preconstruction and resale condos in certain Canadian markets.
- Condos are a major challenge in Canada’s real estate and economy.
- Comparison of condo market with detached housing market.
- Evaluation of investment types: preconstruction, resale condos, and detached homes.
- Insights from a CIBC and Urbanation report discussed.
Attend Our Event On Multiplexes
Sign Up For The Next Webinar Realist
Join the best community in Canadian Real Estate realist.ca
Attend a Meetups Meetups
Get a Pre Approval G & H Mortgage Group
Get Financing with Landbank LandBank
Nick
Instagram.com/mybuddynick
tiktok.com/@mybuddynick
twitter.com/mybuddynick89
Dan
twitter.com/daniel_foch
instagram.com/danielfoch
tiktok.com/@danielfoch
See omnystudio.com/listener for privacy information.