In our inaugural episode we shared our views on how the macro and micro variables at the time were impacting the economy, the housing market, and our views on new acquisitions and the management of our existing portfolio.
Since our discussion six weeks ago, the housing market has continued to dominate the headlines in the GTA and across Canada. From the impact the Bank of Canada’s interest rate hikes is having on the real estate market to escalating construction costs industry wide, this has left many wondering how to make sense of the current market. In this second installment of our series, we asked Sasha Cucuz, CEO, Greybrook Securities Inc., to join us once again to help us make sense of the headlines and better understand why it is important to unpack how different segments of the housing market are reacting differently to the interest rate increases. While also diving deeper into the rising construction costs currently facing the development industry and reaction to today’s announcement that the Bank of Canada is raising interest rates again.
Listen to the latest episode of Perspectives & Insights now.