The Canadian Real Estate Investor

We examine whether foreign buyers significantly impact housing affordability and discuss the effectiveness of government measures like the foreign ownership ban. With insights into the top countries investing in Canadian real estate and a look at the opportunities Canadians pursue abroad. Impact Analysis: Evaluate how foreign investment influences housing prices and availability in Canada. Regulatory Measures: Discuss the effectiveness and loopholes of the Canadian foreign ownership ban. Global Investment Trends: Highlight the top foreign countries investing in Canada and the destinations where Canadians are investing abroad. Exchange-Traded Funds (ETFs) | BMO Global Asset ManagementSee omnystudio.com/listener for privacy information.

Justin Trudeau announces his resignation as Prime Minister amid a housing affordability crisis, following his father's historic "walk in the snow" forty years ago. As housing costs and mortgage rates squeeze Canadian homeowners and renters alike, the Liberal Party faces record-low polling numbers. Potential successors Freeland, Carney, and Fraser must now address the party's troubled housing legacy and propose solutions to Canada's real estate challenges. Mark Carney's background in financial markets and monetary policy positions him as a strong contender to address Canada's housing market instability and mortgage affordability crisis The Trudeau government's housing initiatives, including the Home Buyers' Bill of Rights and attempts to curb foreign investment, largely failed to contain soaring real estate prices and rental costs As housing remains a top election issue, opposition parties are gaining ground with alternative housing platforms, promising to boost supply and address affordability through various policy measures Exchange-Traded Funds (ETFs) | BMO Global Asset ManagementSee omnystudio.com/listener for privacy information.

Canada's rental market in 2024 saw record new construction and higher vacancy rates (2.2%), though still below historical averages. New tenants faced 23.5% rent increases, while overall two-bedroom rents rose 5.4%. Despite more availability, affordability remained challenging as new construction focused on luxury units. Calgary led rent increases, while Toronto saw slower growth due to rent control and increased supply Calgary and Edmonton saw significant construction but longer vacancy periods Rent affordability remained a challenge, particularly in Ontario where payment delinquencies increased Exchange-Traded Funds (ETFs) | BMO Global Asset ManagementSee omnystudio.com/listener for privacy information.

Despite current challenges, Canada remains positioned for growth, ranking among top G7 nations in GDP, population, and employment growth. Interest rates are expected to decline to around 2.25% by spring 2025, with the Bank of Canada aiming for a soft landing. The real estate market shows signs of recovery across various sectors, with investment volumes projected to reach $48 billion in 2025. Immigration policy changes will moderate economic growth, with temporary residents reducing from 7% to 5% of the population Commercial real estate shows sector-specific trends: office spaces prioritizing experience, retail expanding to secondary markets, and industrial market working toward normalization The investment market is projected to recover with improved sentiment and increased lending activity, though with more conservative underwriting approaches Exchange-Traded Funds (ETFs) | BMO Global Asset ManagementSee omnystudio.com/listener for privacy information.