
Episode #430
Has The Canadian Housing Market Hit Bottom?
Four years after the 2022 peak, the first real signs of a floor are showing up, national sales are up 7% from the March low, inventory is tightening, and single-family completions in Ontario just hit their lowest level since 1990. But economists have been burned by three false starts already, and nobody wants to say the b-word out loud. Meanwhile, over 13,000 Canadians filed for insolvency in June, up 11.5% year over year and running near 2009 levels. So which is it? Dan and Nick dig into whether this is a real bottom or a supply collapse dressed up as a recovery... and what it means if you're deciding whether to buy today. 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 (ETFs) | BMO Global Asset Management LISTEN AD FREE See omnystudio.com/listener for privacy information.

