With so many market headwinds, the risk that this is a pause in the correction is higher.
All in Real Estate
Moody's Expects Housing Downturn to Continue
Canada's housing market is in a period of declining house prices due do painfully low affordability. According to Moody’s Analytics, Canada is only halfway through the housing correction.
How soon will lower mortgage rates boost housing demand?
Lower interest rates can make it easier for people to buy a home.
Why mortgage defaults don't help predict a housing correction
Mortgage delinquencies and defaults are terrible predictors of housing market corrections.
Is consumer confidence a good predictor of economic performance?
Consumer confidence is a valuable tool for predicting economic growth but a poor predictor of home values.
The Real Estate Cycle: Are we entering recession?
We are entering the third stage of the real estate cycle characterized by hyper-supply stage. During this stage, investors should be cautious and many would-be buyers step aside to the sidelines.
Canadian Confidence in the Real Estate Market Plumets
Less than 20% of Canadians believe home prices will be higher in 6 months. Find out the key reasons why Canadians have lost confidence in what they used to believe was the “safest investment” available.
When will Baby Boomers Downsize
Many Baby Boomers might choose to sell in 2023. Here are five key drivers of boomers’ decision to downsize and potentially add a lot of housing supply to the market.