About this episode

The episode discusses the contrasting trends in Canada's housing market, highlighting the split between Ontario/B.C. and other provinces.

CREA says home sales jumped 5.5% in May, but that "comeback" deserves a closer look . The seasonally adjusted bounce was real, yet actual sales were still 5.1% below last May, itself one of the weakest years in two decades. We break down why a strong monthly percentage can hide a market sitting near a 20-year low. The real story underneath: Canada has split into two housing markets. Ontario and B.C. remain below their January 2022 peaks (down 16.1% and 9.1%), while New Brunswick, Newfoundland, Saskatchewan and much of the country sit near record highs. One national press release, two completely different realities. We dig into why supply is tightening faster than prices are recovering, the gap between more buyers and more qualified buyers, and what would confirm a durable turn, plus a practical playbook for buyers, sellers, and agents. The question we leave you with: Are Ontario and B.C. showing the rest of Canada where prices are headed, or is the rest of Canada showing them what recovery looks like? TORONTO MULTIPLEX EVENT Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan Exchange-Traded Funds…

People in this episode

Hosts: Daniel Foch, Nick Hill

Topics covered

• Canada housing market
• real estate trends
• market analysis
• home sales
• regional differences
• supply and demand
• buyer behavior

Keywords

• home sales
• housing market
• real estate
• Ontario
• B.C.
• New Brunswick
• market recovery
• supply tightening
• qualified buyers

Sponsors

NordVPN

Mentioned in this episode

Organizations: CREA

Places: Ontario, B.C., New Brunswick, Newfoundland, Saskatchewan

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