Homeowners Losing $8,500 a Month in Equity, 2023 Canadian Real Estate Market

The Canadian Real Estate Association has yet again downgraded their housing forecast for 2023. I break down the data and statistics to show just how slow home sales are in current times. It's better to rent in these times and I explain why in this video.

Links/references:

https://www.cp24.com/mobile/news/homeowners-on-the-brink-face-tough-choice-of-selling-home-as-mortgage-payments-climb-1.6602773?referrer=https%3A%2F%2Fnews.google.com%2F

https://cfjctoday.com/2023/10/16/b-c-to-bring-in-new-rules-on-short-term-rentals-to-create-more-housing/

https://creastats.crea.ca/en-CA/


Did you miss our previous article...
https://trendinginrealestate.com/where-to-buy/sheriff-sale-how-to-find-cheap-properties-only-4000