Episode 51: Housing Market Update: Canadian Economists Weigh-In
On June 5, The Bank of Canada announced its first rate cut in four years. This could be the sign many were waiting for to come off the sidelines and step into Canada\u2019s housing markets. But, what does that look like across the country and how do other economic factors play into the decision making process?
\nOn the latest episode of REAL TIME, we hear from Shaun Cathcart, Director and Senior Economist, Housing Data and Market Analysis with the Canadian Real Estate Association (CREA), Ann-Marie Lurie, Chief Economist with the Calgary Real Estate Board (CREB), and Jason Mercer, Chief Market Analyst with the Toronto Regional Real Estate Board (TRREB), as they share insights on the current state of Canada\u2019s housing market from a national, provincial, and local level, exploring everything from the need for more supply to interprovincial migration to pricing.