An information-dense episode this week on WESPN. Paul and Scott touched on big topics such as:
January market statistics, including a26.36% increase in total listings compared to last January and a nearly10% decrease in sales. The average sale price for January was $572,643.
The potential impact of tariffs on the Canadian economy, including the possibility of government intervention and the effects on interest rates and asset price inflation.
Recent and future interest rate decisions by the Bank of Canada and how rate cuts should improve affordability, though the stress test still impacts approval amounts. Further rate cuts are anticipated, with projections of settling around 2.25%.