Episode Details
Back to EpisodesNo Market Comeback Yet — But a Tax Change That Impacts Buyers
Description
In today's live, we unpack why the market is still slower than the headlines suggest and what the HST rebate means for buyers right now. We dig into the HST rebate on new homes and what it actually means for buyers, how it's structured, who's likely to benefit, and why the impact on pricing isn't as straightforward as it sounds. We also look at what it signals for new construction and some key risks buyers should keep in mind before making a move.
Despite the headlines, the market fundamentals remain weak, with sales still running well below normal levels across both houses and condos. Inventory remains elevated compared to historical norms, and prices have continued to ease from recent peaks.
Timestamps:
00:00 Introduction
01:07 Market Stats
08:56 HST Rebat
19:25 On The Ground Questions
36:19 Mortgage Expert - David Larock
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We hope you enjoyed this month's update and found it valuable. Thanks for tuning in - we'll see you next month!