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Free Money, Falling Rents

Canada's housing market is showing no real signs of recovery, with National Home Sales falling to levels not seen since the pandemic and marking the weakest Q1 performance in over 25 years. At the same time, the rental market continues to suffer from oversupply, driving vacancy rates higher and pushing rents down to a 35-month low. Investors and developers are also forced to get creative, with some offering free rent incentives or turning to aggressive pre-selling of multiplexes just to stay afloat and avoid insolvencies across key markets in Canada. It's safe to say that free money leads to bad decisions.

Check out the Saretsky Group Real Estate Services: https://www.saretskygroup.com/

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Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

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Видео Free Money, Falling Rents канала Steve Saretsky
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