On The Market

Bill 24, More Homes Built Faster Act is a hot topic. Graham McGregor, MPP Brampton North speaks with Glynn Perkins about what the act means for residents of the GTA. Part of the legislative change is the savings to Developers and the impact this will have on municipalities. Mayor Tom Mrakas of Aurora shares the added infrastructure costs will mean a $29 million shortfall over the next decade that will have to be passed on to taxpayers. Kingsley Ma discusses the impact of not building more homes on house prices using Vancouver as the example.

Real Estate Expert Asif Khan and Co-host Tina Cortese speak with Desmond Brown from ReMax Hallmark about what's ahead for the Greater Toronto Area real estate. Discussing the predictions for a rough ride in 2023 Desmond navigates some of the theories of what's to come breaking it down for those thinking of buying and selling in the near future. Professor Moshe Milevsky discusses stress tests for mortgage affordability, building wealth, how to navigate increasing interest rates and what should be the factors considered in deciding what/where to buy.