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In Episode 86 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down another strange week in Canadian real estate, mortgages, and the economy.
The Bank of Canada is staying in “wait and see” mode, but with inflation pressure, oil prices, war risk, and a slowing economy all colliding at once, the big question is whether rates can really stay frozen for long. The hosts also dig into the GTA pre-sale market hitting historic lows, falling rents, rising rental vacancy, and why landlords and investors are starting to feel the pressure.
They also cover a surprising 1% down payment home program in Manitoba, the risks and opportunities behind it, Canada’s proposed $25 billion sovereign wealth fund, political drama around floor crossing, Canada Post’s massive losses, Rogers layoffs, and the potential Real Broker and RE/MAX deal.
From interest rates to housing supply, rental softness, job losses, and affordability experiments, this episode asks the real question: is Canada’s housing market simply cooling, or are we watching a bigger reset unfold?
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