Alex McFadyen reflects on the changes the Canadian Real Estate Market underwent in 2023 and makes predictions about the market in 2024. The year 2023 brought unprecedented shifts in the market caused by fluctuating interest rates and governmental interventions which resulted in a dynamic and often challenging market. Alberta is identified as a promising area for investment. Predictions for 2024 indicate a rough ride due to inflation, with generational wealth transfer facilitating first-time home buyers. The speaker also predicts a future trend of micro-developers capitalizing on new provincial land use laws. Advice for listeners includes long-term investing and caution against making rash decisions.

Find Alex on Instagram: @themortgagepug

Ready to take the plunge into homeownership? Don’t miss our comprehensive First-Time Home Buyers Course available at the link below. This essential resource is designed to guide you through the maze of purchasing your first home with confidence and ease. Free for a limited time to listeners of the show!

https://alex-s-school-7883.thinkific.com/courses/first-time-home-buyer-course

For daily insights, make sure to find us on Instagram, Facebook, and YouTube: @flowmortgageco

Don't just dream about your future home, make it a reality! Subscribe to "The Flow: Real Estate & Money Show" for more invaluable insights, and visit our website at getflowmortgage.ca to discover how we can help make your property aspirations come true.