Market insight with Raza Naqi, Broker at Royal LePage Vision Realty. We discuss about market status, buyer behaviour, interest rates, 2025 outlook, affordability and supply issue, rental market, traffic and infrastructure, immigration and housing demand.
It's a broad discussion and plan to have a weekly post.
Subscribe for more. Comment for any insights.
🏡💼 In this comprehensive video, we dive deep into the strategies and tips that can help you navigate the competitive world of real estate multiple offers. 🔍 Explore the key tactics to stand out as a buyer and increase your chances of winning in a multiple-offer situation. From crafting a compelling offer to understanding market dynamics, we cover it all. 📈 Whether you're a homebuyer, seller, or real estate enthusiast, this masterclass provides valuable insights into the intricacies of multiple offers, ensuring you make informed decisions in any market.
In this episode, we discussed the dynamic shifts in the current real estate market and elaborated on:
In recent years, the real estate market has experienced dramatic shifts that have left many buyers, sellers, and investors wondering whether it's crashing or going over the roof. On one hand, we had seen record-breaking prices for homes in some regions, with bidding wars becoming the norm and properties selling for well above asking price. On the other hand, we've also seen reports of slowing demand, increasing inventory, and a looming housing bubble that could burst at any moment.
In this podcast, we'll explore the current state of the real estate market and dive deep into the factors that are driving these fluctuations.
Whether you're a first-time homebuyer, a seasoned investor, or just curious about the state of the market, this podcast will provide you with valuable information and perspectives that will help you navigate the complex and ever-changing world of real estate. Tune in to discover whether the real estate market is crashing or going over the roof, and what it means for you.
Today we will discuss a few hot hot topics. First, what really is going on in the real estate market? Where are the interest rates heading? Provincial and federal intervention to control real estate prices and how its going to affect buyers and sellers and will the Covid and the 6th wave make a difference?
Interest rate changes before it started and how market reacted to interest rate hike expectations in February 2022. Changes in sales activity. Quantitative Easing and the aftermath. Interest rates go up .25% and Quantitative Tightening Starts. More interest rate hikes coming soon. Signs of slow started before interest rate hike announced. Rental rates up 3% nationally. Homeowners hiding facts from insurers. 19% buyers own multiple properties. Market stats, top and bottom 5 cities
