In this episode, we begin with a sponsor introduction and then explore shifts in Ontario's housing market, with a focus on Toronto's unique trends. We delve into the dynamics of multi-property ownership and investor activity, highlighting the financial challenges faced by recent buyers and first-time homebuyers. The discussion covers the mortgage market, including high borrowing costs, renewals, and strategies for navigating them. We examine Canadians' financial priorities and potential tariff impacts on mortgages. Additionally, we cover FSRA's enforcement actions, including the revocation of Monarch Mortgage Group's license, and OSFI's capital adequacy guidelines related to Basel III. The episode concludes with CMHC's housing market forecast for Windsor.
