This episode is titled "Tariffs and Tightropes: How global and local issues are shaping GTA real estate in spring 2025." I outline 7 factors affecting real estate values, focusing on four: Cost of shelter (including ownership and rent), Job security, Local supply, and Global factors.

Emphasis is made on the importance of these factors in understanding changes in real estate values. This episode will explore how they are currently impacting the market.

Ciao! Welcome to a new episode of Building Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Royal LePage Signature Realty in Downtown Toronto.

Next Steps/Highlights:

1. Listeners to seriously consider the candidates in the upcoming Federal election (early voting April 18-21, main election on April 28).
2. Evaluate party leaders' proposals for bolstering the economy, curbing inflation, and counteracting tariff effects.
3. Listeners to share their opinions on which leader would be better at deflecting tariffs and leading Canada into a more prosperous summer.
4. Listeners to watch for the Bank of Canada's interest rate announcement on April 16.
5. Potential homebuyers to explore opportunities in markets with high inventory, particularly in the condo sector and multi-unit communities.
6. Investors to monitor the Durham region for potential opportunities despite low inventory levels.
7. Interested buyers to consider opportunities in the Oakville market due to high inventory levels.

All stats available on my social channels.

Ciao ciao

Helping you increase wealth through #realestate

Book a time for a quick 15min Chat - Discovery: https://calendly.com/thecondowiz/15min
Social:
https://linktr.ee/nicojamesbock

Ciao! Welcome to a new episode of Building Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Royal LePage Signature Realty in Downtown Toronto. Today I have the pleasure of speaking with special Guest Sean Humphries, an award-wining mortgage specialist with Dominion Lending Centres.

Sean and I discussed the impact of global politics and local Canadian politics on the real estate market, with a focus on the recent Bank of Canada rate cut and its connection to the tariffs imposed by the Trump administration. We also explored the current state of the Canadian economy, including the impact of inflation and interest rates, and the potential effects of the Bank of Canada's rate decisions on fixed and variable mortgage rates. The conversation concluded with a discussion on the current state of the Canadian economy, focusing on internal trade barriers between provinces and investment in infrastructure.

Sean's Insights and Recommendations:

1. Bank of Canada to potentially reduce interest rates by 0.25% on April 16th and June 4th.
2. Canadian government to consider implementing programs to stimulate the economy.
3. Canadian government to focus on reducing internal trade barriers between provinces.
4. Prime Minister Mark Carney to invest in infrastructure projects to strengthen the Canadian economy.
5. Canadian government to explore development of resources and infrastructure such as pipelines and rail transport.

Sean Humphries - Website

Email: sean@torontolending.ca

Thanks for tuning in 😊

Ciao Ciao

Helping you increase wealth through #realestate

Book a time for a quick 15min Chat - Discovery: https://calendly.com/thecondowiz/15min
Social:
https://linktr.ee/nicojamesbock

Nico here discussing various types of fraud and providing practical tips to stay safe, emphasizing the importance of skepticism, strong passwords, regular account monitoring, and staying informed about fraud trends.

Ciao! Welcome to a new episode of Building Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Royal LePage Signature Realty in Downtown Toronto.

In this episode I also highlight the need to verify the legitimacy of investment opportunities and online sellers, and to be wary of private home sales. I conclude by advising to always stay vigilant and keep an eye on all available reports.

Types of Fraud:

Phishing:These tactics involve deceptive emails, texts, or phone calls designed to trick you into revealing personal information like passwords, credit card details, or bank account numbers. —All sources social media, YouTube videos….

Identity Theft: Fraudsters steal your personal information (Social Security number, date of birth, etc.) to open accounts, apply for loans, or commit other fraudulent activities in your name. Watch your mail!!! If you’re going to be away for more than 2 weeks at a time, ask a trusted friend to pick up your mail or have it held or forwarded by Canada Post.

Investment Scams: Promises of high returns with little to no risk are HUGE red flags. These scams often involve Ponzi schemes, pyramid schemes, or fake investment opportunities. Check your facts and speak with informed professionals.

Online Shopping/Auction Fraud: Fake online stores, countereit goods, and auction scams can lead to financial losses and stolen personal information.

Mortgage/Real Estate Fraud: As discussed previously - in a previous episode, this includes title fraud, inflated property values, and scams targeting homebuyers and sellers. Work with trusted real estate professionals, reputable lawyers, inspectors, mortgage specialists and financial advisors.

Listen in or watch the video to see ways to avoid being scammed....

Ciao ciao

Helping you increase wealth through #realestate

Book a time for a quick 15min Chat - Discovery: https://calendly.com/thecondowiz/15min
Social:
https://linktr.ee/nicojamesbock