Multifamily Real Estate Insights Podcast
The Real Estate Multifamily Insights Podcast is your trusted source for news, strategies, expert interviews, and actionable tips to grow your wealth through multifamily real estate, in Canada and beyond. Hosted by seasoned investor Sandy Mackay.
2024 Housing Insights: Ontario Focus and Toronto Market Downturn
In this episode, Sandy MacKay introduces the new housing market report for 2024, providing an overview of its key findings. The discussion shifts to a regional focus, with insights from the report's authors on the Ontario markets. Sandy highlights top stories in Canadian real estate, including the downturn in Toronto, and examines migration trends and social inclusion insights. The episode delves into the core housing needs, offering strategic advantages for investors. Sandy also explores the balance between economic opportunity and social responsibility, providing listeners with a comprehensive understanding of the current multifamily real estate landscape in Canada.
Key Points
- The New Housing Market Report for 2024 offers detailed geographic insights, making it a crucial tool for evaluating Canada’s housing market dynamics.
- Recent data reveals that despite a slight improvement in affordability, Canadian real estate remains near peak levels similar to the 1990s housing bubble.
- Statistics Canada’s social inclusion indicators provide valuable insights into housing affordability and basic needs among different ethnocultural groups, guiding more informed investment and development decisions in multifamily housing.
Chapters
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Transcript
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