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Mission impossible: Real estate
Publisher |
Toronto Star
Media Type |
audio
Podknife tags |
Canada
News & Politics
Categories Via RSS |
Daily News
News
Publication Date |
Aug 31, 2023
Episode Duration |
00:17:38

Guest: Clarrie Feinstein, real estate reporter

Real estate is becoming mission impossible in Canada. With interest rates holding high, there is less demand for properties on the market and an increasing number of mortgages are going into default. Property investors aren’t making money and struggling to sell as homebuilders are cancelling projects. Something has to give. As the Star’s real estate reporter Clarrie Feinstein shares, all eyes are on the Bank of Canada to cut rates in 2024.

This episode was produced by Brian Bradley and Sean Pattendon.

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