This episode we explore the latest ups and downs of the Canadian real estate market with returning guests John Webster, Scotiabank’s Head of Real Estate Secured Lending and Scotiabank Economist Farah Omran. They talk housing affordability, the impact of the hikes and holds from the Bank of Canada, where things might be headed and more. 

Key moments this episode: 

1:20 — Before we start, some news from John 

2:11 — Farah and John both give their headlines to sum up the state of the market 

2:52 — Farah gets into the specifics of the latest numbers 

5:59 — What John thinks is behind the latest numbers 

7:47 — What role do interest rates play in the latest housing numbers? 

9:27 — Delving into the issue of affordability 

12:18 — John tells us what the mood is around brokers and potential buyers 

14:20 — Farah breaks down the latest inflation numbers and interest rate projections 

15:42 — What about the supply side? Are more houses being built than there used to be? 

17:35 — Why John is encouraged around the latest discourse around affordability and shortages 

20:03 — How are mortgage holders dealing with rate changes? 

21:41 — John and Farah each take out their crystal ball – what do the next six months hold?