Mixed Market Conditions + Should Large Companies Buy Up Homes? — Real Estate Roundtable Dec 2024

"This week, John and Steve explain why a jump up in YOY sales numbers obscures the reality of a sluggish market with some segments performing better than other and just how Vancouver and Toronto have come to top the list of the most expensive 25 cities in the US & Canada, topping LA, San Francisco and New York. We ended with a lively debate about whether large corporations should be allowed to buy homes to rent out as Canada’s Finance Minister Chrystia Freeland calls for public submissions on this issue.

00:00 - Intro
2:47 - Vancouver Update
8:00 - Toronto Update
10:45 - Impact of Trump Election Update
13:55 - Next Year Market Expectations
18:40 - Will Condo Prices Fall?
23:08 - Canada Tops US for Housing Unaffordability
30:08 - Should Large Corporations Buy Up Homes?"