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Podcast: This Matters
Episode: Mission impossible: Real estate
Description: 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 arenβt making money and struggling to sell as homebuilders are cancelling projects. Something has to give. As the Starβs 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.