What a year this has been!! 2022 has seen more interest changes than Lady Gaga's costume changes at the Super Bowl. The Bank of Canada has been on a rampage since March of this year. And why? Inflation, inflation, inflation. With detached properties seeing a decline in pricing by $300,000 since February in the City of Toronto. Who is buying? What are buyers feeling? Who is taking advantage of any opportunities out there? With Toronto rents rocketing is this an optimal time for Investors? The gap between condo pricing and residential homes has shrunk to the smallest percent in decades. Has pandemic buying, the crazy "new normal" which has come to an abrupt halt taught us anything? We discuss and address these burning questions with our mortgage expert, Jason Friesen, Managing Partner of Outline Financial. Our last episode of the year is a doozy, so tune in with a hot cocoa or in this case a stiff drink and enjoy! We thank you for your support as always.
