About this episode

Dan and Nick discuss the current state of real estate prices and the implications of recent discounts in the market.

Prices aren't crashing, but almost everything just got cheaper. About 22% of new construction units have visible price cuts, but factor in the expanded HST rebate and roughly 90% of inventory is effectively discounted right now. Dan and Nick break down the data, the game theory keeping builders from cutting publicly, and why resale sellers are about to feel it first. EDMONTON MULTIPLEX EVENT Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan Exchange-Traded Funds (ETFs) | BMO Global Asset Management LISTEN AD FREE Realist.ca See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Daniel Foch, Nick Hill

Topics covered

• real estate
• price cuts
• new construction
• HST rebate
• market analysis

Keywords

• real estate
• price cuts
• HST rebate
• new construction
• market trends

Sponsors

NordVPN

Mentioned in this episode

Organizations: BMO Global Asset Management

Places: EDMONTON

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