Vancouver & Toronto Real Estate Market Update July 2024

Video Description

New listings are piling up as investors hit the sell button. There are pressures building in the condo space. A recent rate cut from the Bank of Canada won't change the math for most investors so it's hard to see things improving in a material fashion over the coming months. Timestamps: 00:00 — Intro 01:47 — Vancouver Market Update 03:19 — Toronto Market Update 05:48 — Condo Investors Exiting, End-Users to Benefit? 11:17 — Current Rental Market Conditions & Anti-Landlord Moves? 29:55 — Average Family Gifts to New Buyers Now Over 100K in Canada 35:18 — Is it Time to Tax Gains on Principal Residences? Subscribe To My Channel For More Videos Like This One: https://www.youtube.com/@saretsky?sub... Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469 #TheLoonieHour #Macroeconomics #PersonalFinanceCanada