According to new data from Stats Canada, Canada's population growth is at an all time higher, and RBC is reporting that unless 300,000 new units are built, the housing gap will quadruple by 2026. All of this combined with new measures in the federal budget that will allow mortgage holders to avoid default, are poised to boost Canadian real estate higher once again. ⭐️ Join the Homebuyer Masterclass ⭐️ ⭐️Get "Secrets To Getting A Low Mortgage Interest Rate" at ⭐️ 👍 Subscribe by clicking here 💰👉💪 Join The Down Payment Challenge ⭐️Get your free copy of The Mortgaged Millionaire at To apply for a mortgage go to To download our mobile mortgage app go to Want to join our A-Team? Want us to hand select a realtor for you The presenter has taken great care in preparing this video, however makes no representations or warranties with respect to the accuracy or completeness of its content. The contents of this video should not be considered a substitute for professional financial advice. Please consult a financial professional before implementing any of the strategies described in this video. The presenter shall not be held liable for any loss of profit or any other financial damages, including but not limited to special, consequential, incidental, or other damages....(read more)
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As the world slowly emerges from the Covid-19 pandemic, it is becoming increasingly clear that Canadian real estate is once again on the verge of a major boom. Despite fears of a post-Covid slump in the industry, experts are predicting that Canada's housing market will remain robust and continue to grow in the coming months. There are several factors driving this trend. First and foremost is the country's strong economy, which has remained relatively stable throughout the pandemic. As businesses reopen and consumer confidence returns, experts predict that there will be a surge of demand for real estate in major cities like Toronto, Vancouver, and Montreal. Additionally, the Canadian government has taken steps to support the housing market, even during the pandemic. For example, the Canadian Mortgage and Housing Corporation (CMHC) has offered mortgage payment deferrals to homeowners affected by Covid-19, which has helped to stabilize the market and prevent foreclosures. Finally, there is a demographic shift happening in Canada that is also driving demand for housing. The country's population is aging, and many older Canadians are looking to downsize from large homes to smaller, more manageable properties. This has created a growing market for condos and townhouses, particularly in urban areas where amenities are readily available. All of these factors combine to create a "perfect storm" for Canadian real estate. Experts are predicting that prices will continue to rise over the next several years, with some estimating that they could increase by as much as 20-25%. However, there are some concerns about this trend as well. For one thing, rising prices could make it even harder for younger Canadians to get into the market, particularly in major cities where prices are already high. Additionally, there are concerns about the sustainability of the housing boom, and whether it could lead to a housing bubble in the future. Despite these concerns, however, it seems clear that Canadian real estate is set to explode once again in the coming years. For investors and homeowners alike, this is definitely an exciting time to be involved in the market. https://inflationprotection.org/caution-canadian-real-estate-poised-for-another-boom/?feed_id=87501&_unique_id=64388a66d7ae4 #Inflation #Retirement #GoldIRA #Wealth #Investing #canadahousingmarket #canadarealestate #canadianhousingmarket #CanadianRealEstate #canadianrealestatemarket #housing #housingbubble #HousingCrash #housingmarket #housingmarketbubble #housingmarketcrash #housingmarketforecast #realestate #realestatecanada #realestatemarket #torontorealestate #InvestDuringInflation #canadahousingmarket #canadarealestate #canadianhousingmarket #CanadianRealEstate #canadianrealestatemarket #housing #housingbubble #HousingCrash #housingmarket #housingmarketbubble #housingmarketcrash #housingmarketforecast #realestate #realestatecanada #realestatemarket #torontorealestate
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