The Canadian Economy and Estates Podcast

Canadian Economy and Estates Podcast

The Canadian Economy & Estates Podcast gives you the most up to date news and information on the Canadian Real Estate market. Both Brooke and Cortez are passionate about selling real estate and love the macro economics of the market and how that effects prices, supply, and so much more!

  1. Real Estate Prices Decline In Ontario, Pre-Construction Market On Life Support 🏡

    11/13/2025

    Real Estate Prices Decline In Ontario, Pre-Construction Market On Life Support 🏡

    #canadianrealestate #canadianeconomy #realestateagentsBook A Call With Us Here (It's absolutely free) 🏡 👇🏼https://calendly.com/cortezandbrookeOther Contact Information 🤝📱 call or text 289-795-5773📧 email: cortezranieri@gmail.com💻 website: https://cortezranieri.caIn this episode, we dive deep into the alarming state of the Toronto condo market, where only 53 new units were sold in September, signaling a significant downturn. We explore the implications of this trend on pre-construction projects and discuss the surge in rental inventory in the GTA, driven by purpose-built rentals. Additionally, we touch on the rising cost of living in Canada and its impact on everyday life. Join us as we navigate these pressing issues and more, offering insights and perspectives on the current real estate landscape.Chapters00:00 Introduction and Overview of the Real Estate Market00:42 Toronto Condo Market Crisis02:35 Record Rental Inventory in the GTA04:19 Rising Cost of Living in Canada07:26 Real Estate Price Declines in Ontario10:05 Baby Boomers and Home Selling Trends12:17 Impact of Study Permit Declines on Real Estate14:56 Alberta's Energy Projects and Economic ImplicationsTakeawaysOnly 53 new condo units sold in Toronto in September.Record rental inventory in the GTA is pushing above pandemic peaks.Cost of living is a top concern for two-thirds of Canadians.People are opting for expired food to save money.Durham region has seen a 31% drop in real estate prices.One in three baby boomers will never sell their home.Decline in study permits from India could impact housing markets.Alberta's energy projects are crucial for economic growth.Investment in housing is shifting from students to families.Rising inventory and declining sales indicate a challenging market.

    18 min
  2. Immigration, Rate Cuts, and A Potential Upcoming Canadian Election 🏡

    11/05/2025

    Immigration, Rate Cuts, and A Potential Upcoming Canadian Election 🏡

    #canadianrealestate #canadianeconomy #realestateagents SummaryIn this episode, Cortez and Brooke discuss various topics ranging from the excitement of Halloween and the World Series to the challenges in the real estate market, including flipping properties, mortgage costs, and the rental market. They also touch on economic updates, the political climate in Canada, upcoming federal elections, immigration policies, and the implications for the housing crisis. The conversation concludes with Brooke's app launch and her recent achievement of being recognized in the top 40 under 40.TakeawaysOwning costs significantly more than renting in Canada.The gap between owning and renting is a key market indicator.Market trends are influenced by the cost of home ownership.Future predictions depend on the relationship between owning and renting costs.Economic factors play a crucial role in the housing market.Understanding property taxes and maintenance is essential for home buyers.The current market is slow due to high ownership costs.Investing in real estate requires careful financial planning.Renting may be more viable for many Canadians right now.The housing market is subject to fluctuations based on economic conditions.1. Book A Call With Us Here (It's absolutely free) 🏡 👇🏼https://calendly.com/cortezandbrooke2. Sign Up For Our Newletter 👇🏼https://cortezranieri.substack.com/3. Other Contact Information 🤝📱 call or text 289-795-5773📧 email: canadianhomefrontpodcast@gmail.com💻 website: cortezranieri.caChapters00:00 Halloween and World Series Excitement01:04 Real Estate Market Updates02:45 Bank of Canada Rate Cuts and Economic Impacts04:32 The Rental Market Struggles07:41 Navigating Buyer and Seller Expectations10:23 Political Climate and Economic Uncertainty11:13 Upcoming Federal Election Speculations12:54 Immigration Policies and Housing Crisis15:31 Quality of Life Index and Economic Concerns23:38 Brooke's App Launch and Personal Updates

    27 min
  3. Why Aren't Houses Selling In Canada?🏡

    10/14/2025

    Why Aren't Houses Selling In Canada?🏡

    #canadianrealestate #canadianeconomy #realestateagentsMaison App on Instagram@ get_maison_app1. Book A Call With Us Here (It's absolutely free) 🏡 👇🏼https://calendly.com/cortezandbrooke2. Sign Up For Our Newletter 👇🏼https://cortezranieri.substack.com/3. Other Contact Information 🤝📱 call or text 289-795-5773📧 email: cortezranieri@gmail.com💻 website: https://cortezranieri.caSummaryIn this episode, Cortez Ranieri and Brooke Hicks discuss the current state of the real estate market, including the impact of tariffs on Canadian businesses, the decline in rental prices, and strategies for selling homes in a challenging market. Brooke introduces her new app, Maison, designed to enhance the home buying experience. The conversation emphasizes the importance of pricing and presentation in real estate transactions, as well as the potential for future market recovery.TakeawaysBrooke is launching an app called Maison for real estate.The rental market in Canada has seen a 3.2% decline in asking rents.Tariffs are affecting Canadian businesses and the real estate market.Presentation and pricing are crucial for selling homes in the current market.The market is experiencing uncertainty, impacting buyer sentiment.Investors may face challenges as mortgage renewals approach.The importance of staging and cleaning homes for sale is emphasized.Brooke shares insights on her flipping experience and market strategies.Cortez discusses the potential for further price declines in real estate.The Maison app aims to provide a better user experience for home buyers.Sound bites"Nature is healing.""Don't over price.""It's a tough market."Chapters00:00 Welcome Back and App Introduction03:38 Market Insights: Tariffs and Real Estate10:49 Rental Market Trends in Canada17:34 Navigating the Current Real Estate Market24:18 The Launch of Maison App and Future Prospects

    27 min
  4. Canada's Upcoming Budget Will Be SHOCKING

    10/01/2025

    Canada's Upcoming Budget Will Be SHOCKING

    #canadianrealestate #canadianeconomy #realestateagentsMillennial Moron YouTube channel:https://www.youtube.com/@MillennialMoronRentals.ca YouTube channel:https://www.youtube.com/@rentalsdotcaPodcast with Dan Foch and Jake Steinman on MLI Select:https://www.youtube.com/watch?v=uk9KL_nzKlEData Dive:https://www.youtube.com/watch?v=As_qx1tDW8gSummaryIn this conversation, Cortez Ranieri and Millennial Moron discuss various pressing issues facing Canada, including the current budgetary challenges, public debt, the implications of the Old Age Security (OAS) program, the dynamics of the temporary foreign worker program, and the evolving rental market. They explore the need for fiscal responsibility, the impact of monetary policy, and the importance of long-term solutions for economic growth. The discussion also touches on trade relations and the necessity for a deal with the U.S. to ensure economic stability.1. Book A Call With Us Here (It's absolutely free) 🏡 👇🏼https://calendly.com/cortezandbrooke2. Sign Up For Our Newletter 👇🏼https://cortezranieri.substack.com/3. Other Contact Information 🤝📱 call or text 289-795-5773📧 email: cortezranieri @gmail.com Website: www.cortezranieri.caChapters00:00 Introduction and New Beginnings01:41 The State of Canada's Budget06:07 Balancing the Budget: Taxes vs. Spending Cuts10:49 The Future of OAS and Generational Equity12:39 Political Dynamics and Cabinet Changes14:07 Temporary Foreign Workers: Issues and Implications23:31 Navigating Immigration and Housing Market Dynamics24:02 Trends in Rental Prices and Purpose-Built Rentals25:21 Analyzing Rental Market Trends Across Canada26:45 The Shift Towards Purpose-Built Rentals30:23 Regional Variations in Housing Supply and Demand32:00 The Impact of Zoning and Construction Incentives33:58 Understanding Land Value and Housing Affordability36:07 Monetary Policy and Its Economic Implications38:51 Trade Agreements and Economic Certainty41:38 GDP Metrics and Economic Health44:08 Long-Term Strategies for Economic Recovery

    49 min
  5. The SHOCKING Truth About Canada's Housing Shortage And Its Future😳 W/ Eric Lombardi

    09/17/2025

    The SHOCKING Truth About Canada's Housing Shortage And Its Future😳 W/ Eric Lombardi

    #canadianrealestate #canadianeconomy #realestateagentsSummaryIn this conversation, Cortez Ranieri interviews Eric Lombardi, who discusses the economic challenges facing Ontario and Toronto, particularly in relation to housing affordability and the impact of government policies. Lombardi emphasizes the need for systemic changes to improve economic growth and address the housing crisis, while also exploring potential solutions for homeowners in distress. The discussion touches on the political landscape, the role of AI in the job market, and the importance of fostering entrepreneurship to drive prosperity in Canada.1. Book A Call With Us Here (It's absolutely free) 🏡 👇🏼https://calendly.com/cortezandbrooke2. Sign Up For Our Newletter 👇🏼https://cortezranieri.substack.com/3. Other Contact Information 🤝📱 call or text 289-795-5773📧 email: canadianhomefrontpodcast@gmail.com💻 website: www.cortezranieri.caChapters00:00 Introduction to Build Neighbors and Economic Challenges in Canada02:53 The Economic Landscape of Ontario and Toronto05:48 Housing Market Dynamics and Policy Implications08:23 The Role of Government in Housing Affordability11:08 Solutions for Homeowners in Financial Distress13:59 Impact of Housing Market on Employment and Economy16:54 Political Landscape and Leadership in Ontario19:27 Comparative Analysis of Housing Policies in Canada22:26 Conclusion and Future Outlook for Ontario's Economy27:54 Government Initiatives in Housing Development33:39 Political Dynamics and Housing Affordability37:41 Budgetary Challenges and Economic Policies43:17 Complexity in Governance and Housing Crisis50:37 Cultural Impacts of Housing and Economic Inequality53:36 The Future of Work and AI's RoleTakeawaysThe economic performance of Ontario is dragging down Canada's overall growth.Housing affordability is a critical issue that requires urgent attention from policymakers.Government policies have made the housing market inflexible to changes in demand.There is a need for innovative solutions to support homeowners facing financial distress.The housing market's dynamics significantly impact employment and economic stability.Political leadership plays a crucial role in addressing housing and economic challenges.Comparative analysis of provincial policies reveals best practices for housing development.Public initiatives like Build Canada Homes could potentially improve housing supply.AI has the potential to enhance productivity and economic prosperity.Cultural shifts in the workforce are necessary to adapt to changing economic conditions.

    56 min
  6. Why a Canadian Recession Might Be Inevitable 🇨🇦⬇️ W/ Richard Dias

    09/04/2025

    Why a Canadian Recession Might Be Inevitable 🇨🇦⬇️ W/ Richard Dias

    #canadianrealestate #canadianeconomy #realestateagents Rich's Youtube Channel @IceCapAssetManagement  Loonie Hour Podcast @saretsky  SummaryIn this conversation, Cortez Ranieri and Richard Dias discuss the current state of Canada's economy, focusing on the decline in GDP per capita, the impact of immigration policies, and the housing market crisis. They critique Mark Carney's economic policies and explore the implications of Canada's reliance on oil exports. The discussion highlights the challenges facing the Canadian economy, including the need for improved productivity and the consequences of rapid population growth. Richard emphasizes the importance of addressing these issues to create a sustainable economic future for Canada.1. Book A Call With Us Here (It's absolutely free) 🏡 👇🏼https://calendly.com/cortezandbrooke2. Sign Up For Our Newletter 👇🏼https://cortezranieri.substack.com/3. Other Contact Information 🤝📱 call or text 289-795-5773📧 email: cortezranieri@gmail.comChapters00:00 Introduction and Background02:16 Understanding Canada's Economic Decline08:12 GDP and Economic Indicators11:34 Critique of Mark Carney's Policies16:37 Canada's Trade Dynamics and Energy Exports22:02 Impact of Immigration on the Economy31:00 Critique of Population Growth Policies37:31 Housing Market Dynamics48:57 Future of the Housing Market01:01:30 Credit Conditions and Market Psychology

    1h 15m
  7. Are House Prices Finally Crashing In Canada?

    08/22/2025

    Are House Prices Finally Crashing In Canada?

    #canadianrealestate #canadianeconomy #realestateagentsSummaryIn this episode, Cortez and Brooke discuss the current state of the real estate market, focusing on the dynamics between buyers and sellers, the challenges in the rental market, and the impact of political policies on housing starts. They explore the wealth gap between homeowners and renters, the upcoming mortgage renewal challenges, and the overall sentiment in the market, which reflects a sense of urgency for change.1. Book A Call With Us Here (It's absolutely free) 🏡 👇🏼https://calendly.com/cortezandbrooke2. Sign Up For Our Newletter 👇🏼https://cortezranieri.substack.com/3. Other Contact Information 🤝📱 call or text 289-795-5773📧 email: canadianhomefrontpodcast@gmail.com💻 website: https://brookehicks.comTakeawaysThe current market favors buyers due to less pressure on pricing.Sellers often misprice their homes based on other listings rather than sold prices.Rents are declining in many Canadian cities, impacting landlords negatively.Many potential buyers lack sufficient savings for down payments.Housing starts in Ontario are lagging behind other provinces.NIMBYism is a significant barrier to new developments in Ontario.The wealth gap between young homeowners and renters is widening.Political policies are not effectively addressing housing issues.Mortgage renewals in 2025-2026 will likely lead to payment shocks for many borrowers.The overall sentiment in the real estate market is one of concern and frustration. Chapters00:00 Welcome Back and Market Overview02:52 Buyer and Seller Dynamics05:54 Rental Market Trends08:35 Challenges in Housing Starts11:18 Government Policies and NIMBYism14:17 The Wealth Gap in Real Estate17:13 Mortgage Renewal Challenges20:02 Conclusion and Future Outlook

    31 min
  8. Is This The END of the Canadian Housing Frenzy? W/ @SteveKarrasch ​

    08/21/2025

    Is This The END of the Canadian Housing Frenzy? W/ @SteveKarrasch ​

    #canadianrealestate #canadianeconomy #realestateagents Steve's Information:https://www.youtube.com/@UCf-37B5eVNYh50WT1SURbmw https://www.krproperties.ca/In this engaging episode, Cortez Ranieri and Steve Karrasch dive deep into the intricacies of the Canadian real estate market, with a special focus on Vancouver. They discuss the challenges of navigating a market impacted by foreign buyer taxes, shifting demographics, and evolving government policies. From the highs and lows of property investment to the realities of renting, Cortez and Steve provide valuable insights for buyers, sellers, and investors alike. Tune in to gain a comprehensive understanding of the current real estate landscape and what the future might hold.1. Book A Call With Us Here (It's absolutely free) 🏡 👇🏼https://calendly.com/cortezandbrooke2. Sign Up For Our Newletter 👇🏼https://cortezranieri.substack.com/3. Other Contact Information 🤝📱 call or text 289-795-5773📧 email: canadianhomefrontpodcast@gmail.com💻 website: https://brookehicks.comChapters00:00 Introduction to the Real Estate Landscape07:33 Rental Market Dynamics and Tenant Challenges16:41 Social Implications of Immigration Policies21:50 Contrasting Luxury and Poverty in Vancouver28:54 Government Spending and Election Dynamics35:29 Media Bias and Public Perception41:17 The Importance of Presentation and Pricing in Real Estate46:14 The Role of Speculation in Real Estate51:07 The Impact of Rental Prices on the Market55:58 Long-Term Investment Strategies in Real Estate

    1h 2m

About

The Canadian Economy & Estates Podcast gives you the most up to date news and information on the Canadian Real Estate market. Both Brooke and Cortez are passionate about selling real estate and love the macro economics of the market and how that effects prices, supply, and so much more!

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