Real Estate Update with Ian Inglis

This episode of the Small Biz Podcast introduces Ian Inglis, a realtor with Remax, providing the first in a series of ongoing updates on the housing market in Waterloo Region, Ontario. He discusses current affordability challenges, noting factors like interest rates, prices, and consumer confidence impacting the market. He highlights a buyer’s market with 70% of sales below $750,000, and addresses the challenges faced by first-time buyers. Ian advises listeners to seek professional financial advice and emphasizes the importance of patience and saving for a down payment. He plans to continue providing monthly updates.