The Last Honest Realtor
Welcome to The Last Honest Realtor, your exclusive, behind-the-scenes pass to the twists and turns of the Toronto real estate market. Hosted by David Fleming of Toronto Realty Group, this podcast offers an unprecedented look behind the curtain, presenting the local real estate scene with a mix of unapologetic honesty and entertaining cynicism.
David doesn’t just talk real estate—he lives it. With years of experience under his belt, he's here to share the unvarnished truth about what it really takes to buy or sell in Toronto. From the big wins to the frustrating pitfalls, get ready for a behind-the-scenes journey that promises both information and entertainment.
Whether you’re a first-time homebuyer, a seasoned investor, or just a real estate enthusiast, David's insights will equip you with the knowledge you need to navigate the market. Expect practical advice on everything from staging and junk removal to listing and making the sale.
Tune in to The Last Honest Realtor and experience Toronto real estate like never before. Be informed, be entertained, and most importantly, be ready to see the industry through the eyes of someone who can handle any challenge the market throws his way.
The Last Honest Realtor
Ep. 26 - The Truth About Interest Rates and the Future of Toronto Real Estate
In this episode of The Last Honest Realtor podcast, host David Fleming sits down with economist and advisor Ben Rabidoux to discuss the intersection of real estate, economics, and government policy. As the founder of North Cove Advisors and Edge Analytics, Ben brings his sharp analysis and a wealth of data to this fascinating conversation about the current and future state of the housing market in Canada.
Together, David and Ben dive into everything from interest rate hikes to the challenges facing developers and the shifting dynamics of the rental market. If you’re a real estate enthusiast, investor, or industry professional, this episode is filled with insights you won’t want to miss.
In This Episode:
- Why interest rates are reshaping the Canadian housing market
- How the Bank of Canada’s policies impact homeowners and renters
- The future of pre-construction and condo developments in Toronto
- The role of government-backed loans and the CMHC in today’s market
- Why rental markets could see significant shifts by 2026
Timestamps:
00:00 - Introduction
00:06 - Meet Ben Rabidoux: Economist and data enthusiast
01:15 - How interest rates are influencing the housing market
10:30 - Are we heading for higher mortgage delinquencies?
20:45 - The rise of purpose-built rentals and government incentives
30:00 - Toronto’s condo market: Overbuilt or underpriced?
45:20 - Will CMHC’s new policies survive the next election?
55:00 - The real risks of pre-construction appraisals
Don’t Miss:
- Ben’s take on why Canada’s population growth could slow dramatically
- David’s thoughts on municipal policies and development costs
- A deep dive into why the Toronto condo market faces unique challenges
Subscribe to The Last Honest Realtor on YouTube or your favorite podcast platform. Like, comment, and share your thoughts—what do you think of Ben’s predictions? Let us know in the comments!
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