🇨🇦Canadian Housing & Real Estate Prices Double EVERY Decade!

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Did you know that statistically, both Toronto and Vancouver real estate prices double once every ten years or so? Yup! Every decade ago, seems to be the best time to invest.

On this episode of The Tom Storey Show, Steve Karrasch or Surrey BC and Tom Storey of Toronto Ontario catch up on the happenings of what was the summer real estate market for Canadians. And although it seems impossible, if history repeats itself, Canadian housing prices will at least be at these levels in 10 years and will likely be DOUBLE as high as today!

Enjoy!

Video Chapters

00:00 Canadian housing prices have doubled in the past decade
01:18 💰 The cost of living
12:36 🇨🇦 The government's stance on housing affordability,
16:07 🏗️ The gap between population growth and new housing
20:58 🏡 Lifestyle Living
21:41 🏡 Housing prices in Canada
24:41 🌃 Rural Living
27:26 💰 Open Bidding
28:24 📉 Toronto experienced a decline
35:02 🏦 Variable Rates
44:30 🏡 Housing market speculation can be influenced by occasional success
45:24 📈 Amateur vs Pro
46:08 📊 Housing Prices have Doubled
50:47 💰 Fraser Valley Housing Prices
57:26 📈 The Realistic Outcome?
01:07:27 🏢 Cash Flow In Canada
01:07:42 🏙️ Are small markets worth it?
01:09:23 📣 Steve is hiring
01:10:05 🔄 Thanks For Watching!
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AUDIO PODCAST LINKS:
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Apple Podcast: https://podcasts.apple.com/.../the-tom.../id1627632474
Amazon: https://music.amazon.ca/.../the-tom-storey-show-with...?
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TOM STOREY
Book a call with Tom: https://calendly.com/TomStorey
Tom's YouTube Channel: https://www.youtube.com/c/TomStorey/videos
The Storey Team, Royal LePage Signature: https://storeyteam.ca/
Instagram: https://www.instagram.com/thestoreyteam/
FaceBook: https://www.facebook.com/thestoreyteam

STEVE KARRASCH
Book a call with Steve: https://calendly.com/stevekarrasch
Steve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videos
Karrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/
Instagram: https://www.instagram.com/karrasch_real_properties/
FaceBook: https://www.facebook.com/KarraschRealProperties/

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The opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.