Episode 77: Canada Housing Downturn Is the Steepest Among Major Economies — What Happens Next?
About this episode
Episode 77 provides an update on Canada's economy, housing, and mortgage rates, discussing the implications of recent data for buyers and homeowners.
Send us Fan Mail Episode 77 is a wide-ranging update on Canada’s economy, housing, and mortgage rates — with real talk on what the latest data could mean for buyers, homeowners, and renewals. We cover: Canada’s Q4 GDP contraction and what it signals for growth GTA new home sales: only 268 sold in January — the lowest since 1981 Why fixed mortgage rates have been “leaking lower” (and how to think about locking in) National Bank: housing affordability improved for 8 straight quarters, but ...
People in this episode
Hosts: Alex Pang, Alex Shanks
Topics covered
- Canada economy
- housing market
- mortgage rates
- GDP contraction
- housing affordability
Keywords
- Canada housing downturn
- mortgage rates
- GDP contraction
- housing affordability
- GTA new home sales
Mentioned in this episode
Organizations: National Bank
Places: Canada, GTA
More episodes of The Canadian Mortgage Show
- Frozen Rates, Falling Rents, and a Housing Market Reset | Episode 86
- Canada’s Housing Market Is Not Rebounding | Episode 84
- Episode 83: Young Canadians Have It Harder Than Ever
- Episode 82: Affordability Keeps Getting Worse in Canada
- Episode 81:Home Prices Fell… But Canada Is Still Unaffordable
- Episode 80: Why Fixed Mortgage Rates Are Rising Again in Canada
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