Canada Housing Market UPDATE (CRACKS are SHOWING!!)

Another month so its time for another Canada housing market update! For the past couple months we had been following the market trend and were saying that the summer sales craze caused by the pent up demand will likely not last and everyone should be aware of the upcoming market slow down. Well this month we are starting to see everything from media to actual stats point to the exact same thing our housing market update predicted! I will be walking you all through in detail what is happening in various areas of Canada housing market!

#canada #realestate #housing

(NEED TO JOIN GROUP FIRST)

Link to get all charts and report:

[00:00] Start
[1:00] Update #1: General media consensus
[3:55] Update #2: Rental market
[7:00] Update #3: Buy sell trend in various cities
[12:55] 3 Keys to watch
[15:52] Conclusion / After-thought

Watch more here:

SAY HELLO:

[JackyKuk]

guys 11:25, the graph is typo, 30% or lower is buyers market, NOT SELLERS

[burzeurk]

Finally a dedicated channel for housing market in Canada. Im a new subscriber from Montreal.

[samanthad]

I’m in Cambridge. The houses here are selling for at LEAST $50k over ask. I really hope it crashes so I can buy my 1st house -.-

[jooky]

Great research! Good review, good points at the end. Earning my trust Jacky! Thanks!

[gilliankoster]

Thank you for your insights. Would love to hear your opinion on Vancouver Island Real Estate

[nunezinkgaming]

I follow u every month bro ur the best for analytics of the housing market in canada, you should be proud of urself

[griffin]

I am sitting on a few properties just like you as we have sold off a few, we are well aware of the market on shaky ground.The speculators have made this an unstable market and many will be caught with their pants down.The ROI is just not there anymore as the prices have pushed any reasonable return out of the equation;these speculators are going to collapse the market as all they want to do is get in, hold a few years and sell.They have pushed the market out of the average person's grasp.Slow and steady climb is better than the wild west because it only hurts the average person looking to buy a home.

[nateswrld]

Great job Jacky. Thanks for the in depth analysis.

[michaelmusano]

Great content Jacky, keep up the great work!

[fpmcontent]

Just subscribed... very useful information.

[twoeyes]

Vancouver maybe. Rent market was saturated for a long time there

[SimpleMacReviews]

When do you think more listings will come? When does mortgage deferral end?

[jasondeglint]

At 11:25 you say 30% or lower is buyers market, but the graphic says the opposite. Which is it?

[nahot]

I hope it crashes too many Greedy people out there. If your gonna list a house for 800k sell it for that not 950k it boils me, just wasting my time seeing it! Should be illegal!

[ron]

Jacky I don't see cracks in housing. I SEE HOUSING STILL GOING UP INSANE ESPECIALLY IN TORONTO.

[VAndy]

This is the best analysis I've heard on the Canadian housing market. I really appreciate it. Thank you!

[brolydbz]

Very informative. I must say, in Oakville and Burlington, for houses listed between $700-850k, they continue to sell $50-150k higher, with everything being set for multiple offer dates. Inventory is so low now that people continue to bid absurd amounts for townhomes, let alone semi/detached properties, and there are no signs of things slowing. I’ve even seen cases of properties selling with lucrative pre-emptive offers, only 3-6 hours after listings going live. I don’t see the madness coming to a close anytime soon, sadly.

[Icecold]

Prices have been detached from actual wages here for 10 plus years. Canadian banks were complicit in allowing things to get this bad.

[dinupjose]

In my view, you are the best in business in terms of analysis.. Great work bro..

[WhisperingFelineASMR]

The last time we saw a major correction the GST was introduced. We are due for a major correction. What goes up must come down! Hold on folks we are in for a ride.😻