CMHC Housing Market Outlook 2019

Housing activity is expected to recover after declining in 2018 and 2019.

“Housing starts are projected to stabilize in 2020 and 2021 at levels in line with long-run averages. This follows two years of declines from elevated levels in 2017. Resale activity and house prices are expected to fully recover from recent declines, supported by growth in income and population.”

View the full report in the CREIC Members Resources Area.

Mindset is the #1 “Secret”

PIC Expert PanelAt the Club meeting in September, 2017, real estate investment experts were asked their opinion on the #1 “secret” to becoming a millionaire.

On the panel from left to right: Cora Cristobal (Toronto Women’s Club), Amit Ambegaonkar (Your Profound Success), Terry Stallwood (PIC Winnipeg), Brian d’Eon (Canadian Wealth Masters), Sadhana Sabharwal, Bogdan Marzewski, Robert Elder (Millionaire Possibilities)

“I’d have to say Mindset,” replied Brian d’Eon, of Canadian Wealth Masters. “… you have to believe that you will … you have no other choice! Having the right mindset affects your approach to everything in your life. Your door is always open for opportunities to have money flow your way.”

As Henry Ford once said, “If you think you can, or you think you can’t–you’re right!”

 

From Zero to A Million–Brian d’Eon on the Experts Panel

At the next Club meeting in Mississauga on September 30th, 2017, Brian d’Eon (Canadian Wealth Masters) will be a special guest featured on the Experts Panel.

This is an event not to be missed! Learn from the experts–and those who went from net worth of $0 to over $1M in 24 months with real estate investments.

Do You Want To…
==> Learn how to make money in real estate in the current risky times?
==> Know if you should still buy properties in the Toronto area?
==> Know how to go from 0 to a Million in 24 months?
==> How to buy properties even if you don’t have lot of money or a good credit?
==> Get access to joint venture partners or private money?
==> Get access to cash flowing properties?
==> Come join me at the next exclusive PIC meeting in Mississauga.

Discussing Mortgage Rules with the Minister of Finance

Bill Morneau

from left to right–Bill Morneau (Finance Minister), Brian d’Eon, Ranjit Dhaliwal

Tonight we met with the Finance Minister, Bill Morneau, to talk about the impact of the recent changes to the mortgage rules. He advised there are no plans for further tightening and was happy to hear from us that housing prices have started to soften, which was their intended goal. I stressed my concern about CMHC pulling bulk insurance and the impact it’s had on the smaller (mono line) lenders and the eventual impact of higher costs for borrowers, due to lack of competition. Essentially, he said he had no choice but to slow down the drastic increase in house prices–what the government perceives to be the number one threat to the Canadian economy.

Jack Canfield in Toronto

Canadian Wealth Masters recently had the pleasure of a visit from Jack Canfield in Toronto. Jack is a real inspiration to everyone, with profound wisdom to share on how to be truly successful in whatever you choose to do!

Working with people from all walks of life, from full-time moms to CEOs at large companies, I’ve distilled many universal truths about success. There’s a secret I’ve learned that works quite well at helping you to achieve what you want: Decide what you want. —Jack Canfield

Successful people maintain a positive focus in life no matter what is going on around them. They stay focused on their past successes rather than their past failures, and on the next action steps they need to take to get them closer to the fulfillment of their goals rather than all the other distractions that life presents to them. —Jack Canfield

If you are not moving closer to what you want, you probably aren’t doing enough asking. And you’re probably not asking the single most important question that can help you achieve a higher level of success and personal fulfillment: How am I doing? —Jack Canfield