The Housing Market CRASH Continues To Get Worse In 2025. But Why?

The Housing Market CRASH Continues To Get Worse In 2025. But Why?

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Will there be a Canadian real estate boom in 2025?

#HousingMarket #Crash #2025

[JosefMouris]

Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments.
Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments

[AlexanderHuzar]

Even if the prices drop 40% from where they are now, the average house is still too expensive for people.

[archimedes]

The state should not intervene whatsoever in the private real estate market. You bought the home, not taxpayers. It's between the banks and purchasers, no bailouts for banks or individuals.

[frozencanuck]

This correction HAS to happen...housing has gone so far out of control that it has become completely unaffordable.

[helenlu]

The house price in Toronto needs to drop another 30-40% to reach affordability level according to local income, not hot money from overseas.

[PinayCanadianfam]

I sold my house in August when they dropped rates, as I knew people thought exactly what you said. In Philippines now waiting for the crash, cheers

[twfaber]

Remember on the 80s when people just walked out of there house

[gcalandrino]

People got burned with the variable because they insisted on making payments at the ridiculously low variable rate instead of making payments as if they the rate was 3.5, 4, 4.5%.
But of course not. Since they overpaid by 100k, 150k, 200k...they couldn't afford the 3.5, 4 or 4.5%.
They also didn't prepare for an eventually increase because they still thought it would go lower.
They burned themselves...it's no one else's fault.

[JS-jhcy]

They mean your taxes on your home will go up 10 percent while your home value declines in 2025

[rachelk]

Calgary is already dropping - cheaper rents and detached homes under 700k. I think Alberta will be on a fire sale in a couple months when unemployment sky rockets with tariffs

[Schweizer]

The thing is, if this is a bubble just about to burst, this must be the most anticipated and covered bubble in history. I mean it's been for more than 2 years that I've been reading and watching this kinds of warnings. However it's true that mass media is not specially talking about this, and also nowadays information and media like YouTube and social networks provide such a quantity of content and such decentralized (as this vid for instance) that my first statement could be biased by that. The fact is, the correction will come, as naturally as leaves fall due to gravity. Despite all, I've been receiving warnings from a lot of different sources to the point that if the market collapses I won't be surprised. But boy I'm hell of invested in crypto now, have managed to grow a nest egg of around $200k to a decent 7 figures in the space of a few months...Thanks to Francine Duguay insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!

[DavidWebsterAD]

No one will have money, how will they buy?

[kjenkins]

Okay we got 2 million people at food banks and how many of these people are going to afford to buy a house oh it's going down big time

[roncgc]

Canadian household debt just reached the $ 3 trillion mark. Canadian household credit card debt is at the highest level in history. Bloomberg and the IMF as examples have called the Canadian real estate bubble the biggest in the world. Household income versus average house prices in Vancouver are at multiples of 22. The ideal multiple is 4 to 6.
The BoC is doing everything it can to save the market and it all starts with the CPLie.
Sell if you can, buyers keep your hands in your pockets.

[AshrafulAlam-zwxw]

Another 30-40 % price reduction from here is inevitable.

[stynger_OO]

The $600k loss, that home was re listed 4 times . The sale date was at the end of the last quarter of the year. Capital gains loss to offset portfolio gains. Ppl who buy $3 million dollar homes are not your average Joe.

[CorporateShill]

A house sold in Oakville for 2.6M is now listed at 2.1M and there are no takers. 500k loss, will probably become 800k loss (or more)

[gustavobeckman]

Calgary City just increased the valuation on our 1-car garage detached house from 640k to 730k, while we had the house listed for close to 3 months and sold for 635k. They're playing blind to the current market and trying to collect property taxes as much as they can, while they can

[torturetuesday]

House prices need to fall at least 65% from here to be reasonably priced again. Prices are just ridiculous and out of control right now.

[deltaskyhawk]

Canadian home prices boom and bust ... it is the normal cycle. I remember 1989 being in Toronto when housing was crashing. Everyone was panicking. Prices will revert to the mean!