294: Could Rate Hikes Lead to a 20% Drop in Home Prices?

Toronto's #1 Real Estate Podcast

According to the Toronto Real Estate Board prices are going to drop, but by how much? Articles Referenced in this Episode: https://www.msn.com/en-ca/money/topstories/toronto-home-sales-fell-18percent-in-jan-as-prices-climbed-and-listings-dropped-board/ar-AATrUN2 https://toronto.ctvnews.ca/toronto-considers-new-tax-for-homeowners-to-help-curb-soaring-house-prices-1.5763407 https://www.thestar.com/news/gta/2022/02/04/even-in-your-death-they-squeeze-you-out-how-cemeteries-have-also-become-out-of-reach-toronto-real-estate.html https://www.movesmartly.com/articles/why-is-this-man-selling-off-lucrative-toronto-real-estate-to-get-into-the-metaverse https://www.thestar.com/news/gta/2022/02/03/demand-isnt-going-away-toronto-area-real-estate-board-expects-prices-to-jump-12-per-cent-this-year-with-fewer-first-time-home-purchases.html https://www.bloomberg.com/news/articles/2022-02-03/toronto-home-prices-seen-stalling-after-biggest-jump-since-2017 https://www.bnnbloomberg.ca/canada-s-housing-market-in-a-speculative-fever-says-regulator-1.1717632 https://storeys.com/could-rate-hikes-lead-to-20-percent-drop-home-prices/