January 29, 2026
2025 Home Sales In Canada Are At 25 Year Lows
If you aren't following Steve Saretsky you should.
Steve describes a stagnating Canadian real estate market characterized by a significant mismatch between rising supply and weakening demand.
Steve explains that rental prices are dropping across major hubs like Vancouver and Toronto due to record-high vacancy rates and stalled population growth. Many real estate investors now face difficult choices as property valuations plummet, leaving them with assets worth far less than their previous peak values. The text highlights a record volume of listings being met with minimal buyer interest, largely because mortgage rates remain high and interest rate relief is unlikely. Ultimately, the analysis suggests that the housing correction will continue through 2026, putting persistent downward pressure on home prices across the country.
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