With so many market headwinds, the risk that this is a pause in the correction is higher.
All in Risk
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.
Why mortgage defaults don't help predict a housing correction
Mortgage delinquencies and defaults are terrible predictors of housing market corrections.
Will Canadian house prices go down in 2023
As we look towards 2023, it is vital for Canadians to be aware of the potential risks in real estate and to take steps to protect themselves and their investments.
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.
Canadian Boomers are Quitting the Workforce
As far back as 2008, CNN reported on the expected effects of Baby Boomers (the largest generational cohort) retiring from the workforce. The pandemic has accelerated the process.