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What’s On Your Real Estate Mind For 2024? (Pt2)

Toronto Realty Blog

On Monday, we started to discuss the topics, themes, issues, and stories that would consume our “real estate minds in 2024,” notably the things that might concern us the most. Prices topped the list with Sales & Inventory ranking second. The late-2023 market already seemed to be pricing in potential rate cuts in 2024.

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Impact of Pandemic on U.S. Housing Market, Federal Bill Could Tackle Racial Gap in Home Appraisals, and More Appraisal News

McKissock

Congresswoman Maxine Waters has announced plans to propose federal legislation designed to reduce the racial gap in home appraisals. ” This Redfin News article provides an overview of “how drastically the housing market has changed since then.” Homes are 34% more expensive. Homes are selling twice as fast.

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Are We In A “Rental Housing Crisis”?

Toronto Realty Blog

Canada’s record population growth. The CBC picked up the story: “Canada’s Population Grew By Record 1 Million In 2022, Spurred By International Migration” But of course CBC would pick up the story. There aren’t enough homes in the country, plain and simple. Scratch that. Did you notice too?

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How Does Canada’s Home Ownership Rate Look?

Toronto Realty Blog

Which of these three doesn’t below with the other two: -Real estate prices are skyrocketing. -It’s Home ownership rates have increased. Case in point: home ownership rates in Canada are increasing. On the other hand, prices are rising faster than the savings from low-rate mortgages can offset.

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Federal Reserve Interest Rates History & Chart [1910s-2020s]

Marco Santarelli

In this article, we will explore the history of Federal Reserve interest rates , including some of the major changes and their effects on the economy. One of the key tools that the Federal Reserve uses to fulfill this mandate is the manipulation of interest rates. in 1932, the lowest level in its history. in 1959.

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The Road Ahead

Toronto Realty Blog

I remember reading an interview with him once where he said, “In the future, you’ll come home and you won’t have to pick what to view; your television will already know what you want to watch.” Canada Day has also passed us by, and before we know it, we’ll be planning for back-to-school in September.

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Top Ten: Discussion Points For The Fall Market!

Toronto Realty Blog

On the seventh day, when everybody around us was looking sad, preparing to head home, we were absolutely elated to be staying! And by day thirteen, I was picturing home. If I can get home to work out on a Tuesday or Thursday at 6:00pm just twice per week, I feel great not only that night, but the next morning as well.