Canada's Housing Slump NOT due to Tariff Worries: CTV's Realtor

#canadarealestate #canadianeconomy #ctvnewsmedia Canada’s plunging real estate sales weren’t due concerns over U.S. tariffs – rather, they were because February had 28 days (and snow) – This according to a Realtor featured on CTV – Canada’s most watched news network. Links: ‘We are going to get lower rates,’ Real estate expert on tariffs and the market: https://www.youtube.com/watch?v=h13jRqnJneY ‘We are going to get lower rates,’ Real estate expert on tariffs and the market: https://www.ctvnews.ca/barrie/video/2025/03/06/we-are-going-to-get-lower-rates-real-estate-expert-on-tariffs-and-the-market/ Toronto home sales drop 28.5% in February as trade uncertainty hits sentiment: https://www.reuters.com/markets/toronto-home-sales-drop-285-february-trade-uncertainty-hits-sentiment-2025-03-05/ Tariffs offer a silver lining to Sudbury home owners, real estate agent says: https://www.cbc.ca/news/canada/sudbury/tariffs-housing-prices-1.7473562 Falling fixed mortgage rates could be booster juice for buyers: https://financialpost.com/real-estate/mortgages/mortgage-rates/falling-fixed-mortgage-rates-could-be-booster-juice-for-buyers Canada 5 Year Bond: https://www.cnbc.com/quotes/CA5Y-CA Policy interest rate: https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/ Quick Market Overview Charts: https://trreb.ca/market-data/quick-market-overview/ CTV Celebrates 22 Consecutive Years as Canada’s Most-Watched Network: https://www.bellmedia.ca/the-lede/press/ctv-celebrates-22-consecutive-years-as-canadas-most-watched-network/ When was the last time Toronto got this much snow? It’s been a bit: https://www.thestar.com/news/gta/when-was-the-last-time-toronto-got-this-much-snow-its-been-a-bit/article_85070a8a-ea3a-11ef-86ae-2b66ead3bc4a.html Population of Toronto, Ontario in Canada from 2001 to 2023: https://www.statista.com/statistics/1317437/population-toronto-canada/ Trump says U.S. ‘on time’ with tariffs against Canada, other countries: https://www.ctvnews.ca/politics/article/trump-says-us-on-time-with-tariffs-against-canada-other-countries/ White House says sweeping 25% tariffs on Canada moving ahead ‘pending ongoing negotiations’: https://www.ctvnews.ca/politics/article/white-house-says-sweeping-25-tariffs-on-canada-moving-ahead-pending-ongoing-negotiations/ Trump says 25% tariff on most Canadian goods will take effect March 4: https://www.cbc.ca/news/politics/trump-tariff-march-4-1.7469928 Trump plans tariffs on Mexico and Canada for Tuesday, while doubling existing 10% tariffs on China: https://www.ctvnews.ca/world/trumps-tariffs/article/trump-plans-tariffs-on-mexico-and-canada-for-march-4-while-doubling-existing-10-tariffs-on-china/ White House mum on price-relief measures as inflation stings Trump’s ratings: https://www.washingtonpost.com/politics/2025/03/06/white-house-inflation-trump-approval/ Risk of Fed rate hike rises on U.S. inflation, possibly spelling 'bad news' for Bank of Canada: https://financialpost.com/news/economy/fed-rate-hike-risk-rises-hotter-inflation Trump, tariffs overtake inflation as top concern for Canadians in new poll: https://ca.finance.yahoo.com/news/trump-tariffs-overtake-inflation-top-175412978.html Recession in Canada: https://www.thecanadianencyclopedia.ca/en/article/recession Real Residential Property Prices for Canada: https://fred.stlouisfed.org/series/QCAR628BIS Trade turbulence shakes Canada’s housing market foundations: https://thoughtleadership.rbc.com/trade-turbulence-shakes-canadas-housing-market-foundations/ New Listings Jump to Start 2025 as Tariff Uncertainty Weighs on Sales: https://creastats.crea.ca/en-CA/ Posthaste: Tariffs, economic uncertainty have Canadians changing spending habits: https://financialpost.com/news/posthaste-tariffs-economic-uncertainty-have-canadians-changing-spending-habits Canadians say Trump, tariffs have overtaken inflation as their top concern: https://nationalpost.com/news/canada/canadians-say-trump-tariffs-have-overtaken-inflation-as-their-top-concern Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.