Brexit Forecasted to Fuel Canada Home Prices

The video discusses a significant forecast in the Canadian real estate market, predicting a 12.4% increase in home prices, led by Vancouver and Toronto. It highlights regional variations, with Alberta showing stable growth despite economic challenges. Risks such as house flipping are addressed, and the influence of global events like Brexit is considered. The Bank of Canada's interest rate stance is also discussed, suggesting a favorable mortgage environment.

What is the expected percentage increase in home prices across Canada?

• 9.8%

• 10.2%

• 12.4%

• 15.6%

Which Canadian city is expected to see a 27% increase in home prices?

• Vancouver

• Montreal

• Calgary

• Toronto

How is Alberta's real estate market performing according to the report?

• Experiencing a decline

• Showing significant growth

• Facing a crisis

• Remaining stable

What is one of the major risks identified in Vancouver's real estate market?

• Lack of buyers

• House flipping

• High interest rates

• Decreasing property values

What global event is influencing Canada's real estate market?

• The US-China trade war

• The G7 Summit

• Brexit

• The Paris Agreement