Episode 81:Home Prices Fell… But Canada Is Still Unaffordable
About this episode
In this episode, the hosts discuss the rise in mortgage rates in Canada and the implications for home affordability.
Send us Fan Mail In Episode 81 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down why mortgage rates in Canada moved higher again, why rate exceptions are disappearing, and why buyers should not rush into a purchase just to chase a temporary rate hold. They also unpack Ontario’s expanded HST rebate on new builds, why it likely will not move the needle on affordability, and what it means that Canadian home prices are now negative on a five-year basis for the first time since ...
People in this episode
Hosts: Alex Pang, Alex Shanks
Topics covered
- mortgage rates
- affordability
- HST rebate
- home prices
- real estate
Keywords
- mortgage rates
- Canada
- HST rebate
- home prices
- affordability
- real estate
Mentioned in this episode
Places: Canada, Ontario
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 80: Why Fixed Mortgage Rates Are Rising Again in Canada
- Episode 79: War, Inflation, and Mortgage Rates
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