CREA: “We got it WRONG” | Canadian Real Estate News

Описание: CREA (The Canadian Real Estate Association) says "we got it wrong" and SLAMS THE BRAKES ON it's Canadian housing market 2025 FORECAST! What's happening in the Canadian real estate market? This week (May 5, 2025), we dive into the massive downgrade to the CREA housing forecast for 2025 – predicting flat sales and prices nationally amid rising economic uncertainty. Is the promised rebound cancelled?

𝗟𝗲𝘁 𝗺𝗲 𝗳𝗶𝗻𝗱 𝘆𝗼𝘂 𝘁𝗵𝗲 𝗽𝗲𝗿𝗳𝗲𝗰𝘁 𝗥𝗲𝗮𝗹𝘁𝗼𝗿!
📆 𝗕𝗼𝗼𝗸 𝗮 𝗺𝗲𝗲𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗺𝗲! https://calendly.com/matthewpfeifer

Join Matthew Pfeifer, REALTOR® in Regina, Saskatchewan, for your essential weekly Canadian real estate news update. We cut through the national headlines to give you the insights you need for buying a home, selling a home, or real estate investing in Canada.

🔥 IN THIS VIDEO:
CREA 2025 Forecast SHOCK: Why CREA drastically revised its Canadian housing market forecast down, citing economic uncertainty and tariffs. What does flat growth mean for buyers and sellers?

BANK OF CANADA RATE DEBATE: Will the BoC cut interest rates further in 2025? Scotia Bank says NO MORE cuts this year, while other major banks predict 50-75bps drops! We analyze the conflicting predictions and what it means for your mortgage rates (variable and fixed).

CALGARY REAL ESTATE OVERBIDDING: Which Calgary neighbourhoods are still seeing homes sell OVER asking price, even as the broader market shows signs of cooling? A look at hyper-local trends.

FORECLOSURES & MORTGAGE ARREARS: Are foreclosures skyrocketing? We look at a major Northern Ontario bankruptcy and the latest Canadian mortgage arrears rate (0.23% - still historically low!) to separate hype from reality.

BEST MORTGAGE RATES CANADA: Your weekly update on the best insurable and uninsurable fixed and variable mortgage rates, plus crucial advice for mortgage renewals!

MATILDA'S QUESTION: A personal answer to a viewer's question.

Remember, national real estate stats are often misleading! The Canadian housing market is hyper-local. Get the analysis you need to understand YOUR market.

TIMESTAMPS
[0:00] Intro
[0:54] Bankrupt Investor leaves behind HUNDREDS of foreclosures
[2:33] BoC WILL NOT CUT ANYMORE RATES IN 2025
[3:20] BoC WILL CUT RATES IN 2025
[4:24] Calgary Neighbourhoods selling OVERPRICED
[5:07] Best Mortgage Rates this Week
[6:36] Matilda's Question: Why am I bald??
[7:33] CREA DESTROYS their Original Forecast

𝗦𝗼𝘂𝗿𝗰𝗲𝘀:

https://www.ctvnews.ca/northern-ontar...

https://cba.ca/article/mortgages-in-a...

https://www.canadianmortgagetrends.co...
https://www.canadianmortgagetrends.co...
https://dailyhive.com/calgary/calgary...
https://www.crea.ca/cafe/canadian-hom...
https://wowa.ca/mortgage-rates
https://www.ratehub.ca/best-mortgage-...
https://www.marketwatch.com/investing...

𝗠𝗮𝘁𝘁𝗵𝗲𝘄 𝗣𝗳𝗲𝗶𝗳𝗲𝗿'𝘀 𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻:
🔗 https://linktr.ee/baldprairierealestate
➡️  / baldprairierealestate  
➡️ facebook.com/baldprairierealestate
📞 (306) 591-3353
📧 [email protected]
Royal LePage Next Level

My name is Matthew Pfeifer, and this is Bald Prairie Real estate, a Canadian real estate channel. I am a REALTOR® 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 REALTOR® 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.

#canadianrealestate #canada #realestate