This podcast dives into the critical juncture facing Canadian real estate, exploring whether the market is headed for a significant downturn or a period of recovery. Host Alex McFadyen breaks down five key factors that could lead to a market collapse, such as the impact of US tariffs on inflation and mortgage rates, the lengthy time it takes Canadians to save for a down payment, and declining sales in major markets. Conversely, he examines five reasons for potential market stabilization or a comeback, including the recent initiation of interest rate cuts by the Bank of Canada, persistent under-building of new homes relative to demand, and high immigration levels bolstering housing needs. The episode provides listeners with data and insights into these conflicting pressures to offer a clearer understanding of the current state and possible future of real estate in Canada.

Alex McFadyen is a seasoned independent mortgage broker with over 14 years of experience in the industry. Alex is the owner and Mortgage Advisor of Flow Mortgage Co.

Alex’s Social Media: @themortgagepug

*********

Ready to take the plunge into homeownership? Don’t miss our comprehensive First-Time Home Buyers Course available at the link below. This essential resource is designed to guide you through the maze of purchasing your first home with confidence and ease. Free for a limited time to listeners of the show!

https://alex-s-school-7883.thinkific.com/courses/first-time-home-buyer-course

For daily insights, make sure to find us on Instagram, Facebook, and YouTube: @flowmortgageco

Don't just dream about your future home, make it a reality! Subscribe to "The Flow: Real Estate & Money Show" for more invaluable insights, and visit our website at getflowmortgage.ca to discover how we can help make your property aspirations come true.