In this weekโs video, we break down the latest trends and data shaping Canadaโs real estate market:
๐ฅ Calgary Home Prices Have Doubled โ Whatโs behind the surge, and how does it compare to other Canadian cities? Is this sustainable, or are we heading toward a crisis?
๐ Housing Starts Update โ New CMHC data reveals Canada needs 500,000 fewer homes than projected due to slower population growth. What does this mean for the housing supply crunch?
๐ Inflation and Real Estate โ Stats Canadaโs inflation data is out. How will rising or falling inflation impact mortgage rates and the housing market?
๐ธ Best Mortgage Rates This Week โ Weโve rounded up the most competitive rates to help you navigate the current market.
Donโt miss this comprehensive look at the Canadian real estate market! Whether youโre buying, selling, or just curious, this video is packed with valuable insights.
๐ Subscribe for weekly updates and expert analysis on Canadian real estate.
[0:00] Welcome! [0:25] Another Terrible Bad Dad Joke [0:36] CMHC Housing Starts Stats [1:45] 500k Fewer Homes Needed [3:08] Stats Canada Inflation Data [4:33] Matilda's Question of the Week [6:52] Best Mortgage Interest Rates Available [8:39] Calgary House Prices Double!
My name is Matthew Pfeifer, and this is Bald Prairie Real estate, a Canadian real estate channel. I am a REALTORยฎ in Regina Saskatchewan working for Royal LePage Next Level. In over 10 years working as a real estate agent, I have seen both ups and downs in the market. But there is no real estate market that you cannot buy or sell a house in. Often the media tries to present a Canadian real estate market, or they talk about the real estate market in Canada as if there is a national real estate market. The real estate market in Canada is very regionalized and local, which is why my monthly Canadian real estate market does not just look at the national statistics, or updates that cover Vancouver and Toronto only, but other individual cities like Calgary, Halifax, Montreal and more. The very local aspect of the Canadian real estate market is why it can be so hard for governments to craft policy for the "Canadian" real estate market. Being from Regina, me and my team specialize in the Regina real estate market and have a much different approach and outlook on Canadian real estate than a REALTORยฎ from a larger market like Toronto or Vancouver. I cover first-time home buyer topics, tips for selling your home, how to buy a house in Canada, monthly Canadian housing market updates and weekly Canadian real estate news recaps.