Canada's 2025 Real Estate Market Surge a 'Lock' - CREA

#canadarealestate #bankofcanada #canadianeconomy
Canada’s 2025 Real Estate Surge is a ‘Slam Dunk’, a ‘Lock’, and a ‘Sure Thing’ according to the predictions being made by the Canadian Real Estate Association, amid falling interest rates. Yet, exactly 0 of these predictions pay any heed to the reason for these declining interest rates – a weakening Canadian economy.
Links:
Canadian Housing Activity Remains in Holding Pattern:

CREA | ACI:

National housing market in 'holding pattern' as buyers patient for lower rates: CREA:

New 30-year mortgage, down payment rules stoke fears of rising home prices:

Canadian Housing Activity Remains in Holding Pattern:

Bigger Bank of Canada rate cut now on the table: What economists say about GDP:

Bank of Canada Seen Cutting Rates Deeper, Faster Over Next Year:

Would-be homebuyers are in limbo and only the Bank of Canada can free them:

'Signs Of Life' In Canadian Housing Market After Rate Cut:

Home prices in Canada expected to climb 4.9% in 2024 as sales rose last month: CREA:

Slow February home sales signal ‘things are about to pick up’: CREA:

Bank of Canada governor raises prospect of big rate cuts:

Bank of Canada to Start Jumbo Rate Cuts by December, CIBC Says:

Canada can dodge a recession, but it could still happen; here's why:

Ontario Housing: The 90s Downturn and Now:

Canada’s Housing Bubble:

Canada’s Growing Housing Gap Comparing Population Growth and Housing Comparing Population Growth and Housing Completions in Canada, 1972–2022:

Estimating the Structural Housing Shortage in Canada: Are We 100 Thousand or Nearly 2 Million Units Short?:

Canada has the lowest number of homes per 1,000 residents in any G7 country:

Canadian Housing Now the Worst in Affordability Among G7 Countries:

Canada’s Oldest Bank Begs, “Could we PLEASE Stop With This Supply Myth?”:

BMO chief economist denies Canada’s housing supply ‘myth’:

[DavidYazdy-mzqg]

Love the passive aggressive sarcasm, really adds to the entertainment of your videos, i dont know if you do it for audience retention or whatever but i love watching it, thanks again

[QuentinQuark]

I don't want things to be "more affordable" due to being able to take on more debt, whether it's from lower rates, higher caps on insured, etc. I want houses to be cheaper, a mortgage is a necessary evil and I want it to be as small as possible.

[berry]

dont forget unemployment will balloon and all their plans and dreams come to nothing - remember the early 80's

[chrisborecki]

Even a broken clock is right twice a day

[Penny-emcs]

Personal debt is too high in Canada, people can’t afford a free lunch …

[spring]

Increasing job insecurity and a weakening economy will trump lower interest rates and FOMO. More realistic real estate prices are still likely at least 2 years away.

[timw-ON]

A "supply problem" doesn't push up prices if no-one has money. It just forces people live in increasingly cramped homes.

[chadpescod-realtor]

Buyers are not impressed with the most recent decreases. Rates may be lowering but the cost for everything else is still very high. And, sellers are holding out for pandemic prices, which isn't happening. Who will win the battle of wills, buyers who want lower prices or sellers who want higher prices?

[ericromagna]

I don't think the market will rebound the way they all thinking. Most of that craziness was a generalized FOMO sentiment that seems to be settled down by now.

[NovaIslandAdventures]

People buy houses like they buy cars. Not if they can afford the car, it’s if you can get sucked into the low low bi weekly payment. Prices have to drop and if history is an indicator, they will.

[ms.gursharonsingh]

Home prices will continue to drop because the "economy" is done, people are broke, AND with this recent rate cut, food prices will go up.

[kist]

Mark, well done again! The humor is amazing and the information you provide is by far the BEST out there. Keep up the good work! Thank you!

[LarryLogan-bthj]

Doesn’t have that much to do with immigration as much as it does with the bank of Canada dropping the ball on interest rates so low . The only ones benefiting at the time were the Banks and Realtors .Now the Banks are looking at the government to help them out and that means the taxpayers.

[ryukai]

I suppose CREA expects us to ignore history?

[a_t_f]

Bahahhhah people have no clue! Didn’t we all just see them say the same thing for the last few cuts lol

[gotvidz]

there are tons of supply, just no money to spend on them

[Casey-qmnd]

I love the Idiocracy video clips 😂 thanks Mark, I enjoy the comic relief in your content

[tz]

Thanks Mark for the update, believe it or not, they'll keep pumping until this dead cat bounces back 🎉

[Burnedtoastify]

Mark, have you seen that the Bank of Canada continues pumping $16B into the repo market every night? How is this sustainable?

[clarkemacdonald]

You are appreciated and your words are meaningful