Canada’s home sales and prices are falling. Has something changed?

Houses for sale in Ottawa

Episode 165 of Down to Business podcast

Article content

Across Canada, the number of houses and condos being sold is dropping, and what’s more prices are falling. But has anything fundamentally changed in the real estate market?

Advertisement 2

Article content

This week on Down to Business, Murtaza Haider, a professor of real estate management at Toronto Metropolitan University, explains why he thinks housing prices in Canada will return to their space-ward trajectory.

Article content

Haider said rising interest rates have forced prospective homebuyers to look in lower price brackets, which is bringing housing prices down. But he thinks the problem remains the same — too many people, not enough houses.

But as hybrid work arrangements take a more permanent shape, and companies reconsider their commercial office space, things could change. But that remains several years away at best. As always the interview is edited for clarity and brevity.

Listen on Apple PodcastsSpotifyStitcher and YouTube where you can also subscribe to get new episodes every Wednesday morning.

If you have any questions about the show, or if there are topics you want us to tackle, email us:

• Email: | Twitter:



Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.

Source link
Ottawa New Listings

Leave a Reply

Your email address will not be published. Required fields are marked *