Canada’s Housing Market Is NOT Recovering — Here’s the Ugly Truth!

🇨🇦 Canada’s Housing Market: Surviving, Not Thriving | Expert Analysis 🦉

Is the Canadian housing market actually recovering… or barely surviving? In this hard-hitting episode of The Wise Old Owl Show, mortgage expert Vince Gaetano of OwlMortgage.ca rips off the Band-Aid and breaks down what’s really happening across Canada’s major real estate markets — from Toronto, Vancouver, and Edmonton to Calgary. #mortgagebroker #housingmarket #interestrates #bankofcanada #realestate

You’ve heard the headlines:
✅ “Sales are stabilizing!”
✅ “Rates may fall!”
✅ “Affordability is improving!”

But here’s the truth:
📉 Home prices are sliding
📉 Condo inventory is at record highs
📉 Construction is stalling
📉 Rental listings are flooding the market
And policy shifts could either cool things down or set everything on fire.

Highlights in this episode:
🔹 Toronto’s sales flatline: +1.8% in April after a brutal Q1
🔹 Condo sales in the 416: 2nd-worst April in 25+ years
🔹 MLS HPI: Prices down across all home types
🔹 Active listings & condo inventory: 🚨 20-year highs
🔹 New construction: Starts down 70% YoY
🔹 Rental market: Record-high April listings
🔹 What BoC’s next rate cut might actually mean
🔹 MURB program and its impact on small investors
🔹 Vancouver, Calgary, Edmonton – where they’re heading next


📌 Whether you’re a homeowner, first-time buyer, real estate investor, or just watching the market — this is a must-watch breakdown on where we go from here.
At OwlMortgage.ca, we’re reframing mortgages. Gone are the days of daunting contracts that laden you with debt. Our educational and empathetic approach considers your needs and wants from your home to make it work for you. We offer a helping hand regardless of your learning style or where you are in your home-buying journey. Whether you're self-employed, salaried, or retired, and looking for a first home, renewing, refinancing or consolidating your debt, the team is here to help.

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#mortgage #mortgagebroker #realestate #housingmarket #canada #interestrates #politics #canadianeconomy #CanadaRealEstate #YoungCanadians #mortgageTips #Finance