What Might Happen To The Toronto Real Estate Market If We Go Into A Recession In 2023?
With rates being so high, perhaps it might have surprised you that we didn’t see a spike in listings from more mortgage defaults.
Now if high interest rates didn’t break the housing market and we’re probably in for a recession soon, what might happen to the real estate market if that happens?
In this video, let’s find out!
NOTE: This video is for educational purposes only; it does not guarantee future performance or serve as financial advice.
Elevate is a one-of-a-kind real estate investing service for Toronto. We help you with planning, decision making, and physically assist you with getting your investment property up and running.
0:00 - Intro 0:55 - Would A Recession Cause Real Estate Prices To Fall? 1:33 - Recessions & Real Estate Over History 1:53 - Interest Rates & Real Estate 3:47 - Immigration & Real Estate 4:12 - Where Will Real Estate Prices Go? 4:57 - How We Can Help