The Future of Canadian Real Estate in 2025: Political and Economic Shifts You Need to Know!

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  • Опубліковано 30 січ 2025

КОМЕНТАРІ • 49

  • @MariaAmie-d3p
    @MariaAmie-d3p 18 днів тому +57

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      @Surenjoel-u9g 18 днів тому

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      @letterkey-k9i 18 днів тому

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      @sunruth-n8s 18 днів тому

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      @letterkey-k9i 18 днів тому

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      @Michaelsun-z8k 18 днів тому

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  • @madankt
    @madankt 24 дні тому +5

    Unemployment of Toronto is 9.5%...Kick the greedy one out and tighten the taxing for home sales margin more than 100k. Deport ineligible temporary visas

  • @ronaldewalker3704
    @ronaldewalker3704 25 днів тому +2

    Feeding the algorithm 👍's up for OwlMortgage. Thank You & Happy New Year👍.

  • @rachelk8368
    @rachelk8368 25 днів тому +12

    Change of government is coming so we will see 3-4 million less people in a year here. We have tariffs coming = increased unemployment= way less demand and more fire sales. ON will see an easy 20% drop in condo prices and 5-10% drop in detached home sales

    • @faisal-ca
      @faisal-ca 24 дні тому +1

      That is unlikely, but I hope it happens across Canada.

    • @Rossonerrorosso
      @Rossonerrorosso 24 дні тому +2

      I hope so

    • @rachelk8368
      @rachelk8368 24 дні тому +2

      @@faisal-ca we will have an election in april/ may. we have tariffs coming in 3 weeks and no functional government to negotiate. it will be a bad spring market as unemployment numbers go up feb onwards

    • @faisal-ca
      @faisal-ca 24 дні тому

      @@rachelk8368 I agree, but it looks like Canadian banks and elites assured investors a decade ago that real estate would be boosted and higher prices would be protected. Each time prices slide, the central bank and Government chip in. We will have to see how things unfold. I hope prices come down. I think tariffs will be just a threat, and Trump will most likely be okay with the efforts done by Canada to protect the border.

    • @rachelk8368
      @rachelk8368 24 дні тому

      @ they can’t promise and keep it so when a black swan event like China collapsing and 25% tariffs come in. But if they do good thing I’m almost in the states and don’t need to care anymore

  • @Kelly-r9z
    @Kelly-r9z 24 дні тому +4

    They can’t bid on homes if they don’t have a job. We have lower rates because the unemployment rate is going up.

  • @Landstalker1999
    @Landstalker1999 24 дні тому +5

    You think the Bank of Canada is gonna cut more rates in 2025? So that the CAD can hit a new low and 1 USD = 2 CAD?? I mean.... I guess it can happen, but it would be financial suicide especially if there is a tariff by Trump. Because we import a lot from the US. And as you know Canada is not an export economy unlike Japan, so devaluing the CAD has almost no benefits for Canada.

    • @parkerbohnn
      @parkerbohnn 12 днів тому +1

      Devaluing the Canadian dollar certainly benefits the Americans especially when tariffs are added.

  • @ivannightly1919
    @ivannightly1919 23 дні тому

    even us lumber tends to be from Canada so tariffs are more likely to hurt US more than us. tools and nails often come from US or china we may need to change how we buy

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    @seo_ex_alamin 4 дні тому

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  • @MichaelThoman
    @MichaelThoman 22 дні тому +1

    I think you’re wrong. Income growth is non existent. There will probably be a big uptick in unemployment. 10 years of no industrial policy will do that besides real estate is dead money that doesn’t create real wealth only paper wealth.

  • @ronaldewalker3704
    @ronaldewalker3704 25 днів тому +1

    OwlMortgage & Team.👍.

  • @maryma5044
    @maryma5044 24 дні тому +2

    no need to deliver the bad messages, no need to repeat them, we all knew, provide some solutions or helpful tips to people is what you could do

    • @madankt
      @madankt 24 дні тому

      Many have already fled as per CPAC news because you don't want to be in state where you don't earn or you have retired and your savings is depreciatings

  • @ss4717
    @ss4717 24 дні тому +1

    Not just gta... but van city

  • @johnqsack
    @johnqsack 24 дні тому +1

    Old wise Owl for PM

    • @parkerbohnn
      @parkerbohnn 12 днів тому

      The late Vikas Uppal for Prime Minister.

  • @parkerbohnn
    @parkerbohnn 12 днів тому

    The Muskrat?

  • @mikethomas6715
    @mikethomas6715 24 дні тому

    The future of the GTA market is unpredictable

    • @parkerbohnn
      @parkerbohnn 12 днів тому

      If China falls the entire real estate market in Canada falls. It's that simple.

  • @malawigold747
    @malawigold747 24 дні тому +3

    WHAT ABOUT THE MORTGAGES RENEWALS??? WONT A WHOLE LOT OF PEOPLE BE FORCED TO SELL?? UNABLE TO AFFORD NEW RATES ???

    • @dougpatterson7494
      @dougpatterson7494 24 дні тому +1

      This is where the mortgage stress test was a good thing. Most people with mortgages should be able to afford higher rates.

    • @wiseoldowlshow
      @wiseoldowlshow  24 дні тому +2

      Some folks will struggle but most were qualified at a 5.25% stress test level and most renewal rates are below this amount. If these folks didn't take on more debt and payment obligations, they should be able to make the payments. The payments will go up but the stress test acted as the backstop from these folks needing to go to the worse case scenario and sell.

    • @malawigold747
      @malawigold747 24 дні тому

      @@wiseoldowlshow thx, i hope so

  • @brettlongfield3291
    @brettlongfield3291 16 днів тому

    Big Short 2

    • @parkerbohnn
      @parkerbohnn 12 днів тому

      Trump's tariffs will destroy what's left of China and contagion will spread to Canadian real estate.

  • @andrewmascella5916
    @andrewmascella5916 24 дні тому

    I made a mistake 51+11 is 62 hallelujah Extra .

  • @andrewmascella5916
    @andrewmascella5916 24 дні тому

    United States of America now has 61 new states With minor depression