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Welcome to episode 103 of The Canadian Mortgage Show with Alex Pang and Alex Shanks. This week, we break down the collapsed trade talks and Canada’s plan to impose dollar-for-dollar retaliatory tariffs on US goods starting September 8th.
We analyze new reports from RBC and BMO suggesting that home prices have likely bottomed out in the hardest-hit markets, even though a full recovery could still be two years away.
We also explore why Canada’s homeownership rates sit around 65% to 69%, while developed European countries like Switzerland and Germany boast much larger renter populations.
Finally, we discuss the life sentence handed down to the Evergrande Group founder in China and what Canada could learn about cracking down on white-collar real estate fraud.
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